Fed's Dudley: More than four hikes would no longer be 'gradual'

Author: Adam Button | Category: Central Banks

Dudley on CNBC

  • Trade threats still pose risk to the economy
  • Stock market valuations don't look unreasonable
  • China's currency likely appreciated over the past year
  • We're back to a more-reasonable level of volatility
  • Financial conditions still very accommodative
  • Fed to gradually remove accommodation
  • Three or four total hikes this year is reasonable
  • More than four hikes would no longer be 'gradual'
  • Five or six hikes is 'quite unlikely'
  • John Williams is extremely well qualified to take position

Dudley is the New York Fed President but he's retiring in June., Williams will replace him.


By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookies