Pantheon Macroeconomics - New York Fed president Dudley toed the Yellen line yesterday, arguing that the effects of "...a number of temporary, idiosyncratic factors" will fade, so "...inflation will rise and stabilize around the FOMC's 2 percent objective over the medium term.

U.S. | 26 September 2017 Dudley Follows the Yellen Line, December Hike Increasingly Likely
New York Fed president Dudley toed the Yellen line yesterday, arguing that the effects of "...a number of temporary, idiosyncratic factors" will fade, so "...inflation will rise and stabilize around the FOMC's 2 percent objective over the medium term.

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26 September 2017 Dudley Follows the Yellen Line, December Hike Increasingly Likely

By Ian Shepherdson

New York Fed president Dudley toed the Yellen line yesterday, arguing that the effects of "...a number of temporary, idiosyncratic factors" will fade, so "...inflation will rise and stabilize around the FOMC's 2 percent objective over the medium term.

Posted: 25th Sep 2017 in 'U.S.'

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