Connect with us

Hi, what are you looking for?

Videos

Bill Dudley Says US Soft Landing Is Still Unlikely

Former Federal Reserve Bank of New York President and Bloomberg Opinion columnist Bill Dudley says a soft landing for the US economy remains unlikely, and sees a recession in the mid-term due to the Fed’s policy tightening. “Every time the Fed has pushed the unemployment rate up more than half a percentage point, we’ve always ended up in recession. I just don’t see that this time is going to be any different,” he says on “Bloomberg Surveillance.” Dudley’s opinions are his own.

Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more:
Connect with us on…
Twitter:
Facebook:
Instagram:

Credit: YouTube/Bloomberg Television

You May Also Like

Stocks

Back in April, Tesla and SpaceX CEO Elon Musk made major waves when he announced his intent to purchase the social media platform Twitter...

Stocks

As fears of inflation are affecting the entire United States economy, one sector that’s taking on the brunt of the damage is the housing...

Stocks

As fuel and energy costs increase around the world and especially in the United States, the pursuit for renewable energy resources has become even...

Stocks

Kellogg, one of the largest providers of packaged foods in the United States and the world, has maintained a generally consolidated control of all...