Fed’s Dudley: U.S. economic prospects ‘reasonably favorable’

Although it has been a slow one, there have been some bright spots in the United States economic recovery, says New York Federal Reserve President William Dudley in a speech Friday. The central banker confirmed that it will not be walking away from an accommodative monetary policy … [Read more...]

Monetary Policy

Monetary Policy Strategies employed and action implemented by Federal Reserve System authorities to control interest rates or influence money supply in the economy. … [Read more...]