Bill Dudley

Inflation is still above the central bank’s 2% target

It’s hard to see how AI’s effects will cure the US government’s unsustainable fiscal trajectory

If US officials really want to get interest rates down, they have superior options – including discarding policies that push in the wrong direction

DON’T expect the Federal Reserve to rescue the US economy from the epic tariffs the Trump administration has imposed on imports from most of the world. The only question now is how bad the damage will...

The central bank needs to enact a framework for quantitative easing, establish a regime to assess quantitative measures, and change its interest-rate target

The total bill could exceed US$500 billion. A proper evaluation should make the next one less expensive

AFTER a string of encouraging data, markets are displaying increasing optimism that the US Federal Reserve might be done with its battle against inflation – and that the US will experience a rare “sof...