• New York Fed President William Dudley: a stronger U.S. dollar could have "significant consequences" for the U.S. economy

Market news

4 February 2016

New York Fed President William Dudley: a stronger U.S. dollar could have "significant consequences" for the U.S. economy

New York Fed President William Dudley said in an interview with MNI that financial conditions were tighter than in December, and a stronger U.S. dollar could have "significant consequences" for the U.S. economy. He pointed out that the Fed would have to take that into consideration making its decision at its March monetary policy meeting.

Dudley is a voting member on the Federal Open Market Committee (FOMC).

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