News Headline Summary
Fed's Dudley says sees impediment in mortgage bond, rate spreads
- Unemployment rate unacceptably high.
- QE to continue until there is a substantial improvement in the jobs situation.
- Need to improve the transmission of monetary policy.
Analysis details (14:02)
- The commentary from Dudley on the unemployment rate is a reiteration, and is to be expected from Dudley.
03 Dec 2012 - 14:00
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