Dudley says Fed can avoid a ‘bad inflation outcome’

By: Bloomberg News September 1, 2009

New York Federal Reserve Bank President William Dudley said the Fed has the tools to prevent inflation from accelerating and doesn't need to begin trimming its balance sheet. "It's a little bit premature to be so confident that you want to pull all these things back right now, because the economy still isn't growing very fast ...

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Dudley says Fed can avoid a ‘bad inflation outcome’

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