Ex-Fed Member Dudley Sees Case for Half-Point Rate Cut Next Week

Former New York Federal Reserve President William Dudley said he sees scope for a half-point rate cut at next week’s meeting.

“I think there’s a strong case for 50,” Dudley said on Friday at a forum organized by The Bretton Woods Committee in Singapore. Dudley left the New York Fed in 2018 and is now chair of the Bretton Woods Committee and a Bloomberg Opinion columnist.