Bill Dudley

5 results

US president Donald Trump:  He is no longer merely venting on Twitter, but using his tweets as a policy tools. Photograph: Anna Moneymaker/The New York Times

Scarcely a week passes without stock markets being roiled by a tweet from Donald Trump. How big a threat is the volatile US president to stock markets(...)

Federal Reserve Board chairwoman Janet Yellen is handing over to her successor Jay Powell after a single four-year term in which she began gradually withdrawing the crisis-era monetary stimulus the Fed injected into the economy. Photograph:  Brendan Smialowski/AFP/Getty Images

Janet Yellen kept the Federal Reserve on course for a further interest rate rise in March in her final meeting as chairwoman of the central bank, with(...)

Smartening up at the Jackson Hole Mountain Resort in Wyoming this week Photograph: EPA

The first time Janet Yellen went to Jackson Hole as Federal Reserve chair in 2014 she faced activists protesting against the prospect of interest rate(...)

Federal Reserve Bank of Cleveland president  Loretta Mester at the Kansas City Fed’s symposium at Jackson Hole, Wyoming. Photograph: David Paul Morris/Bloomberg

One of the United States Federal Reserve’s rate-setters has described the case for a further increase in short-term interest rates as “compelling”, ar(...)

Since lifting rates in December for the first time since 2009, the Fed has appeared increasingly wary of following with another increase too soon, preferring to hold fire and assess what damage – if any – the tightening of financial conditions and slowdown in China will do to US growth.

One of the Federal Reserve’s top policymakers has warned of increased risks to US growth and flagged up a troubling fall in inflation expectations, as(...)