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Fed's Dudley: Expect temporary idiosyncratic price factors to fade

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Prospects for the Local Economy and the Importance of Workforce Development

From newyorkfed.org

Good morning. It is a pleasure to be here with you in Syracuse, and I want to thank Onondaga Community College for hosting us. This is my fourth visit to Central New York as president of the New York Fed, and I always look forward to coming back as part of our regular visits to different parts of our district. These trips and our meetings with stakeholders in the region give me and my colleagues important insight into what’s happening in the economy. Today, I will briefly discuss my outlook for the U.S. economy and what we are seeing at the regional level, and offer some reflections on the challenges and importance ... (full story)

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