New York Fed President William Dudley: the downside risks to the U.S. outlook increased

Market news

1 March 2016

New York Fed President William Dudley: the downside risks to the U.S. outlook increased

New York Fed President William Dudley said on Tuesday that the downside risks to the U.S. outlook increased.

"The balance of risks to my growth and inflation outlooks may be starting to tilt slightly to the downside," he said.

Dudley added that the tightening of financial market conditions could have a significant negative impact on the U.S. economy.

Eurozone: Unemployment Rate , January 10.3% (forecast 10.4%)

Household spending in Japan declines 3.1% year-on-year in January

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