Using Fed Speeches to Follow the Economy
An Analysis of NY Fed President William Dudley’s July 31 Speech
McCombs Alumni NetworkSandy Leeds
August 26, 2016
Agenda
• How This Presentation Originated • What it is and what it isn’t
• Two Things the Fed Never Says…
• President Dudley’s Outlook for the Economy
• Implications of the Outlook for U.S. Monetary Policy
• It’s a Two-Way Street
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NOTE: these slides were not part of President Dudley’s speech. The slides are my attempt to add pictures to his thoughts.