William Dudley

The hottest investment of 2017 is bitcoin and other digital currencies, and the cryptocurrency craze has now apparently captured the attention of the Federal Reserve. William Dudley, president and CEO of the Federal Reserve Bank of New York, said the Fed is contemplating its own digital currency....

A tax proposal known as a “border adjustment” proposed by Republicans in the House of Representatives could ding major American retailers who rely on imported products. The policy change, which would tax imports and exempt exports, was criticized this week by President-elect Donald...

Will the Federal Reserve implement a rate hike in its September meeting? Some investors are thinking that an uncertain domestic and global economic and political environment puts the question of a rate hike off the table. However, recent comments from the Fed's William (Bill) Dudley indicate that a...

According to Ellen Zentner of Morgan Stanley, the Fed is likely to initiate a rate hike in December with a total of four hikes through 2017. Zentner noted that her growth outlook of 1.8 percent in 2016 and 2017 remains unchanged. The analyst added that the Fed's 2.0 percent inflation...

For the past year, traders have been trying to get inside the minds of the U.S. central bankers at the Federal Reserve to determine when the bank's much anticipated rate hike will come. The timing of a rate increase has always been ambiguous, but in light of recent market events, predicting when...

While global financial markets try to determine if the turmoil resulting from China’s economic weakness is enough to put a potential September Federal Reserve rate hike on hold for the time being, now is a good time to take a careful look at what 11 of the 13 Federal Reserve Bank Presidents...

In a speech at the Rochester Business Alliance on Monday, New York Federal Reserve President William Dudley highlighted what he believed to be structural problems within the U.S. labor force. He emphasized the need for American firms to invest in workforce development in order to prepare...

This week, New York Federal Reserve President William Dudley hinted that there was a good chance that the Fed will raise interest rates in September, giving investors reason to proceed with caution. The bank's policy tightening has been in focus for the past year with investors hanging on...

The Federal Open Market Committee is likely to signal a September rate hike after it meets later this week, according to an analyst. But in a recent note, the Goldman Sachs' analyst, Jan Hatzius, cautioned that there remains "a significant probability" that the Fed might hold off on a rate hike...

Patchy economic data from the U.S. sent Federal Reserve rate hike predictions on a rollercoaster over the past months as investors tried to figure out when the bank will feel comfortable easing further and allowing the U.S. economy to stand on its own. Weakness in jobs reports and worries about...

Disappointing data from the U.S. coupled with uncertainty about how inflation will progress has given analysts reason to doubt their predictions for when the U.S. Federal Reserve will raise interest rates. While most are still betting that the bank will tighten within the year, expectations for...

The U.S. stock market has been on rocky footing thus far in 2014 with equities only managing meager gains through the middle of May. The old adage is to "sell in May and go away," but nimble investors may be able to find profitable, catalyst-driven ideas in the coming week. T The major event...

Most economists are expecting to see a rise in the US’ February hiring at the release of the highly anticipated non-farm payrolls report on Friday. However, gains could be stifled by the nation’s recent severe winter weather which has weighed on several economic indicators this year. Most are...

The US Dollar was indecisive during the New York trading session on Tuesday after seeing two days of losses. Fed Rhetoric On Monday, the greenback fell to its lowest levels since November 7, after New York Fed President William C. Dudley delivered a speech to students and professors at Queens...

Brent crude oil lost ground on Tuesday morning following Federal Reserve Bank of New York President William Dudley's speech on Monday at which he reignited taper worries. The commodity traded at $108.05 at 5:46 GMT as investors revised their taper estimates following Dudley's remarks.  http://...