Surveillance: Fed Owes Mea Culpa, Says Dudley
Bloomberg Surveillance
00:00
Are You Feeling the Pain of Your Dollar Parity?
The ECB is talking about raising interest rates. They're delaying the inevitable, though, aren't they? They have to confront this at some point. But for the time being, there is an alignment of doves and hogs around this idea that in any case our stance was far too accommodative to start with.
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