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A 2023 recession is 'inevitable' as the war on inflation slows down the economy, former New York Fed president says

"Much like Wile E. Coyote heading off a cliff, the US economy has plenty of momentum but rapidly di…

Ben Winck   


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1 min read

Slow-moving crypto regulation puts market at greater risk of 'innovation-killing crackdown,' says former NY Fed President Bill Dudley

A "desirable future for digital finance requires prudent regulation," Dudley wrote in a Bloomberg o…

Carla Mozée   


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The looming recession will stop short of a full-blown financial crisis because the Fed is still in control, ex-NY Fed chief Bill Dudley says

"This is a recession where the Fed has the controls. When they need to ease, they can do so," forme…

Matthew Fox   


Jennifer Sor   


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The Fed needs to 'inflict more losses' on the stock market in order to rein in soaring inflation, former Fed president Bill Dudley says

"One way or another, to get inflation under control, the Fed will need to push bond yields high and…

Matthew Fox   


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The Fed has done nearly all it can do — and it's now up to Congress to further aid the economy, ex-New York Fed president says

The Fed should "make it abundantly clear" that Congress and the White House need to enact fiscal st…

Ben Winck   


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Former Fed official Bill Dudley urges the central bank not to embolden Trump on trade or his 2020 re-election bid

The highly unusual warning came after a week of head-spinning trade escalations between the largest…

Gina Heeb   


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3 mins read

New York Fed President Bill Dudley is pushing a dangerous economic idea

Fed Chair Janet Yellen herself has acknowledged it would be easier for the Fed to deal with an infl…

Pedro Nicolaci da Costa   


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4 mins read

Jared Dudley explains why Frank Vogel is the only coach who could have led the Lakers to the 2020 championship

Between his detailed preparation, ego-less coaching, and defensive principles, Frank Vogel ended up…

Scott Davis   


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6 mins read

The NY Fed's Bill Dudley isn't worried about bond market liquidity

I would define liquidity as the cost-both in expense and in time-of buying or selling an asset for …

Myles Udland   


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3 mins read

DUDLEY: 'It's Not A Particularly Comfortable Place To Be'

On the future of economy, Dudley said that if the roughly 3% growth that is being projected materia…

Myles Udland   


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17 mins read

FED'S DUDLEY: We're still probably going to raise rates this year

Because weather effects are by their nature temporary, the widely held expectation coming into the …

Myles Udland   


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2 mins read

NY FED'S DUDLEY: I Voted Against The Taper Because The Economy Failed My Two Tests

With respect to the second metric-confidence that the economic recovery is strong enough to generat…

Sam Ro   


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1 min read

Bill Gross Thinks Bonds Might Be Overpriced

Gundlach told CNBC that Gross joining DoubleLine was "sort of a 50-50 kind of proposition," but sai…

Myles Udland   


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It may already be too late for the Fed to stop a recession, former central bank president says

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…

Filip De Mott   


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1 min read

Bitcoin is surging on hopes rate cuts will drive a speculative rush

Bitcoin jumped as much as 6.4% on Tuesday as hopes for a large Fed rate cut enticed crypto investor…

Filip De Mott   


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3 mins read

The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates

Interest rate cuts may not come so soon amid strong job growth and persistent inflation.

Huileng Tan   


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2 mins read

Stocks and bonds would crash 'violently' in a debt crisis - even if the US avoids immediate default, former NY Fed president says

"I have one message for those observing or involved in the standoff over raising the US federal deb…

Filip De Mott   


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4 mins read

Anant Ambani, Radhika Merchant's pre-wedding celebrations begin with 'anna seva'

The pre-wedding festivities of Reliance Industries Chairman Mukesh Ambani'who is set to tie the kno…

ANI   


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A recession is more likely under the Republican debt-ceiling plan, Moody's chief economist warns

"We need to end this drama as quickly as possible. If we don't, we'll go into a recession and our f…

Filip De Mott