Bill Dudley Has a Warning for the Fed as Kevin Warsh Inherits a Inflation Mess

May 27, 2026 - 00:00
Bill Dudley Has a Warning for the Fed as Kevin Warsh Inherits a Inflation Mess
Former New York Fed President Bill Dudley warned on Tuesday that the central bank risks losing credibility. He pointed to five years of inflation running above the 2% target. Dudley said inflation expectations could become unanchored. The warning lands as Kevin Warsh begins his first week as Fed Chair under political pressure for lower rates....

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