Topic - William C. Dudley

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  • William C. Dudley, Federal Reserve Bank of New York president, said the central bank likely will keep buying bonds if the economy failed to grow at the pace the Fed was expecting.

    Stocks gain on encouraging news about the economy →

  • "If labor market conditions and the economy's growth momentum were to be less favorable than in the (Fed's) outlook — and this is what has happened in recent years — I would expect that the asset purchases would continue at a higher pace for longer," Mr.  Dudley said at a news conference in New York.

    Stocks gain on encouraging news about the economy →

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