Fed’s Dudley says stock-market decline has not changed his economic outlook

The recent drop in the stock market wasn’t big enough to alter the economic outlook, said New York Fed President William Dudley on Wednesday. “Having a bump up like this has virtually no consequence on my view of the economic outlook,” Dudley said during a moderated discussion, according to Bloomberg. Last month, Dudley said the prospects for continued growth in 2018 look “reasonably bright.”

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From:: Stock Market News

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