Bill Dudley Sees Mild, Not Deep US Recession
June 22, 2022
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9:26Now PlayingBill Dudley Sees Mild, Not Deep US Recession
YouTube Description
as posted by the channelFormer Federal Reserve Bank of New York President Bill Dudley says the US economy will experience a "mild" downturn as the Federal Reserve tightens policy to reign in inflation. "You really get a deep downturn when things in the financial system break -- I don't expect that to happen this time," Dudley says on Bloomberg Television. "I would expect a mild recession like 1990 or 2001, not a deep recession like '73-'74."
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