Bill Dudley
Bill Dudley
William McGarvey "Bullet Bill" Dudleywas a professional American football player in the National Football League for the Pittsburgh Steelers, Detroit Lions, and Washington Redskins. He was inducted into the Pro Football Hall of Fame in 1966 and the Virginia Sports Hall of Fame in 1972...
ProfessionFootball Player
Date of Birth24 December 1921
fed financial past volatile
Past transitions at the Fed have often been accompanied by volatile financial markets.
aircraft due durable expect goods higher
We expect durable goods to be up a bit, due to higher aircraft sales.
economy
Things are going to look a little better. Your going to see an economy that's soft, but not collapsing.
best proving running
Brittani is running well and is still proving she's one of the best in the county.
grown learned year
We've learned a lot this year and we've grown from the experience,
depth tight
It didn't feel like a blowout. It was tight for so much of the first quarter. ... We're big, we're strong, we're so well-conditioned. ... I think our depth makes a big difference.
believe cost easy federal financial funds inflation labor next percent pressure rate reaches rising stop stronger unit until
We now believe that the FOMC won't stop until the federal funds rate reaches 5 percent next spring, ... Stronger growth, still easy financial conditions, a tighter labor market, and rising unit labor cost inflation all put pressure on the FOMC to keep going.
monetary nervous per policy shape since terms worry yield
Since it is the tightness of monetary policy you have to worry about in terms of implications for the economy, not the shape of the yield curve, per se, it should tell you not to be particularly nervous about the outlook.
basis clues fed hike looking people point whether
Like everyone, we are looking for a 25 basis point hike from the Fed and people will be looking for clues on whether that's it for the year.
bond capital currency dominance driven fed greater growth impulse market markets monetary policy reason shift stock towards tremendous understand
The reason for this tremendous shift towards greater transparency is because of the growth and dominance of the capital markets. The monetary policy impulse is now driven by how the bond market, stock market, currency market react, so now it is more important that those markets understand what the Fed intends.
battles change good top week
We also have some good battles to make our Top 5, so the lineup could change from week to week.
ask monetary policy question
The question you have to ask is: Do you think monetary policy is really too tight? I don't think it is.
beat carry experience few kids
Experience will carry us in some meets, and if we can beat the hallways and get a few more kids for depth, we'll be even better.
above bit continuing economy grow interest looks maybe means numbers prospects rates telling trend turning
The numbers are telling us that the economy looks like its continuing to grow at trend or a little bit above trend pace. What this means is that the prospects for maybe interest rates turning up in 1997 still look pretty good.