Gold Finance reported that former New York Fed Chairman (enjoying permanent voting rights in the FOMC, known as the 'third in command' of the Fed) Dudley said, 'I have long been in the camp of 'maintaining high interest rates for a longer period', I think to control inflation, short-term interest rates must be kept at or higher than the current level. But times have changed, so I have changed my mind too. The Fed should cut interest rates, preferably starting at the next week's interest rate meeting.'
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Le "troisième homme de la Réserve fédérale" : la Réserve fédérale devrait baisser les taux immédiatement.
Gold Finance reported that former New York Fed Chairman (enjoying permanent voting rights in the FOMC, known as the 'third in command' of the Fed) Dudley said, 'I have long been in the camp of 'maintaining high interest rates for a longer period', I think to control inflation, short-term interest rates must be kept at or higher than the current level. But times have changed, so I have changed my mind too. The Fed should cut interest rates, preferably starting at the next week's interest rate meeting.'