Fed's Dudley: Fears of runaway inflation have proved unwarranted

Federal Reserve New York President William Dudley speech

Its titled: 'The role of the Federal Reserve - Lessons from Financial Crises'

He is speaking at the Virginia Association of Economists' annual meeting (link to full text of the speech)

More:

• Fears of runaway inflation have proved unwarranted
• US economy is in a relatively good place
• Worth looking at how the Fed could be more transparent
• Fed tools to manage big balance sheet worked

(Headlines via Bloomberg)

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The speech will be followed by an audience Q&A, stay tuned for that where we will likely get more on the economy and Fed policy