William Dudley

New York Fed president William Dudley encouraged support in the Federal Reserve's present monetary policy moving forward towards the Fed's chair transition on CNBC's Squawk Box Tuesday morning. "I think that the market should have reasonable confidence in the forward guidance, because the reality...

On Monday, the Census Bureau announced that retail sales in the U.S. rose at a slower pace than expected in June. The move has prompted some to revise down second quarter growth estimates and decreases the likelihood that the Fed will taper purchases in September. Weak Report For the month of June...

Rising bond yields? Two-year highs in mortgage rates? Stocks seemingly schizophrenic to any and all Fed speak? Forget it all, as Ben Bernanke said Wednesday that "the overall message is accommodation." What Was So Different? Honestly, nothing. The only real difference was that this time, it was...

Futures Gain Into Fed Speak U.S. equity futures rose in early pre-market trade ahead of key speeches from FOMC voting members. New York Fed President William Dudley, who is a permanent voting member and is in charge of the open market operations for the Fed, is set to speak this morning followed...

Futures Rise Despite Weak China Data U.S. equity futures rose in early pre-market trade despite weak manufacturing data out of China. The official manufacturing PMI fell to a four-month low of 50.1 in June from 50.8 in May, in line with expectations. However, the HSBC manufacturing PMI, which...

Futures Tick Higher On Better Eurozone Confidence Data U.S. equity futures rose marginally in early pre-market trade following better than expected confidence data in the eurozone and a strong day Wednesday on the "tapering of the tapering" trade as investors fear tapering is further off given...

Futures Rise Into GDP Report As Metals Meltdown U.S. equity futures rose in early pre-market trade ahead of the final look at first quarter GDP. Economist expect that the economy grew 2.4 percent in the quarter with PCE inflation rising 1.1 percent. Top News In other news around the markets:...

Minneapolis Fed President Naryana Kocherlakota issued a statement unexpectedly Monday, announcing his views that recent Fed communications have not been clear enough. He fully supports continued easing and argued that the FOMC has not done enough to quell rate hike fears. Asset Purchases...

We had two speeches Tuesday by two voting members of the policy-setting committee of the Federal Reserve, the Federal Open Market Committee (FOMC). These include James Bullard, President of the St. Louis Fed, and William Dudley, President of the New York Fed and Vice Chairman of the Federal...

Futures Rise on Cyprus Deal U.S. equity futures rose in early pre-market trade as Cyprus and the Troika of creditors reached an agreement to bail out the nation with $13 billion in exchange for drastically reducing the size of its banking sector and freezing deposits greater than 100 thousand...

Futures Rise Ahead of Non-Farm Payrolls, Manufacturing Data U.S. equity futures rose strongly in the pre-market ahead of the much awaited Non-Farm Payrolls report. Also, positive macroeconomic signs were seen in the form of stronger than expected manufacturing PMI's in China and the Eurozone...

U.S. equity futures slipped in early trade Tuesday as fears over the finances of Spain once again dominated the markets. Rising bond yields for Spain may force it into a bailout, allowing ECB President Mario Draghi to launch his new plan and purchase Spanish bonds to keep yields lower. Also,...