Surveillance: Fed Owes Mea Culpa, Says Dudley
Bloomberg Surveillance
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The Federal Reserve Owes the World a Mere Culper
Former New York Fed President Bill Dudley says the Federal Reserve needs to explain what went wrong. "The Fed made a couple mistakes, how they implemented their 2% average inflation regime," he says. Do you think admitting error will help or hurt its credibility? We'll hear from both of them later this week on CNN's Squawk Box.
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