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NY Fed’s Dudley: “Remain Calm!! All Is Well! Flattening Yield Curve Is NOT A Bad Sign For The Economy!!”

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wallstreetexaminer.com / by Anthony B Sanders via Confounded Interest / 

The New York Fed’s President and CEO William (Bill) Dudley just uttered one of the silliest statements of all time at a business forum in Plattsburgh, New York.

(Bloomberg) — Federal Reserve Bank of New York President William Dudley sounded a positive note on the U.S. economy, saying the central bank wanted to tighten monetary policy “very judiciously” to avoid derailing the expansion that began in mid-2009.

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The post NY Fed’s Dudley: “Remain Calm!! All Is Well! Flattening Yield Curve Is NOT A Bad Sign For The Economy!!” appeared first on Silver For The People.


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