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Invoice Dudley Says ‘Fed-Induced’ Recession Unlikely to Be Deep

Former Federal Reserve Financial institution of New York President and Bloomberg Opinion columnist Invoice Dudley says the Federal Reserve can finish a “possible” US recession via coverage easing. “I do not assume that there’s a massive threat of economic instability, a cataclysm that pushes the economic system right into a deep recession. I believe it is a recession the place the Fed has the management,” he says on “Bloomberg Surveillance.” Dudley’s opinions are his personal.

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