Dudley signals Fed won't tighten any time soon
For those that had doubts about QE3, QE4, and so on.
A top Federal Reserve official signaled on Friday the central bank won't tighten monetary policy any time soon, even as the jobs recovery looked set to quicken.
New York Fed President William Dudley told business leaders in Queens, New York, that the economic outlook has improved in the past six months.
But he said, the Fed is still "very far away" from achieving its dual mandate of high employment and price stability.
"Faster progress toward these objectives would be very welcome," he said.
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