Federal Reserve Latest News: Financial Instability Should Figure Into Policy-making

Now watching

Next video starts in : 7 Play

Federal Reserve Latest News: Financial Instability Should Figure Into Policy-making

Federal Reserve Latest News: Financial Instability Should Figure Into Policy-making
Replay video
Up next

Regulators ease mortgage rules

Regulators ease mortgage rules Up next

Regulators ease mortgage rules

Unlock your personal NFL Now stream by signing in to NFL.com

Federal Reserve Latest News: Financial Instability Should Figure Into Policy-making

Wochit 0:56 mins

New York Fed President William Dudley said that financial-system instability can impair the effectiveness of monetary policy, and the U.S. central bank must consider this when formulating its policies. Stock index futures fell after the S&P 500 suffered its worst weekly decline in two months, on concerns stimulus measures by the U.S. Federal Reserve may be drawing to a close and a possible cash crunch in China. Economists say the Federal Reserve will start trimming its monthly spending on asset purchases before the end of the year, and it could do so as soon as September. They also expect the Fed to stop its current bond-purchases program altogether by June next year.

View Comments (1)