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The Fed Is Flying Blind, Dudley Says

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March 19, 2025

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Bloomberg

Bill Dudley, former president of the New York Fed, says the Federal Reserve is "flying blind" because they don't know what's going to happen to economic growth. "Powell came in and gave a pretty dovish performance in the sense of, ‘We got this, we’re in a good place, we can afford to wait, we’ll see how it goes, we’re gonna get the job done,’” he said. Dudley speaks on "Bloomberg Surveillance: The Fed Decides." (Source: Bloomberg)

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