Wall Street should stop blaming Fed when stocks drop

William Dudley, former New York Fed president, has a message for Wall Street: Stop blaming the central bank when the stock market declines. Dudley, who retired in June 2018, said Thursday on CNBC that the Federal Reserve’s actions have become a “convenient whipping boy.”

Source link

Leave a Comment

Tesla, Gap, Nordstrom, Dell & moreTo save time and money, companies roll out caregiving benefits