Fed's Dudley: Not concerned that inflation is a little below Fed target
Fed's Dudley is speaking in a panel discussion organized by the University of California Berkeley on a topic titled "The US Economy: 10 years after the crisis".
Not concerned that inflation is a little below Fed target.
Sees the need for their global central bank communications.
He would not like to repeal Dodd-Frank; he sees more good than bad.
Capital, liquidity rules need to be permanently higher.
Fed thinks US economy is at full employment.
Expects inflation to rebound and economy to continue at above-trend pace.