Bill Dudley
BILL DUDLEY IS A BLOOMBERG OPINION COLUMNIST AND SENIOR ADVISER TO BLOOMBERG ECONOMICS. A SENIOR RESEARCH SCHOLAR AT PRINCETON UNIVERSITY, HE SERVED AS PRESIDENT OF THE FEDERAL RESERVE BANK OF NEW YORK AND AS VICE CHAIRMAN OF THE FEDERAL OPEN MARKET COMMITTEE.
America, this isn’t how you lower interest rates
If US officials really want to get interest rates down, they have superior options – including discarding policies that push in the...
Stagflation is now America’s best-case scenario
DON’T expect the Federal Reserve to rescue the US economy from the epic tariffs the Trump administration has imposed on imports from...
The Fed’s next big policy rethink needs rethinking
The central bank needs to enact a framework for quantitative easing, establish a regime to assess quantitative measures, and change its interest-rate...
The Fed’s quantitative easing programme has cost too much
The total bill could exceed US$500 billion. A proper evaluation should make the next one less expensive
A US soft landing? Even the Fed doesn’t believe it
AFTER a string of encouraging data, markets are displaying increasing optimism that the US Federal Reserve might be done with its battle...