Former New York Fed President Dudley: Fed divisions not that big
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最新报道：According to Bijie.com, on August 5 (UTC+8), former New York Fed President William Dudley wrote an article arguing that internal divisions within the Federal Reserve have been greatly exaggerated. He believes that last week was a special case, and that the actions of the two governors did not undermine Chairman Powell's position. Dudley pointed out that Waller's request for a Fed rate cut stems from his interest in succeeding Powell as chairman, while Bowman's request stems from his oversight responsibilities as Fed Vice Chairman. Dudley admitted that while he has indeed had his share of criticisms of the Fed, including flaws in its 2020 monetary policy framework and its failure to properly consider the costs and benefits of quantitative easing, he believes the attacks on Powell's potential successors are excessive.
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