Name: William C. Dudley

Summary: Fed's Dudley dismisses negative US rates, sees economic momentum: "While recently tighter U.S. financial conditions will factor into the Federal Reserve's upcoming policy decisions, it is "extraordinarily premature" to even talk about using negative interest rates to stimulate the economy, a top Fed official said on Friday. "To me, that’s not something that should be part of the conversation right now," New York Fed President William Dudley told reporters at a news conference, when asked about possible use of negative rates."

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: February 12, 2016

Publication Date: February 12, 2016

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