Fed's Dudley: Not worried at all about the Fed chair transition

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".

Headlines

He is not worried at all about the Fed chair transition.

FOMC is very united on appropriate policy path.

Fed chair transition has been "so far, so good"

Globalization has costs/benefits for the world economy.

Putting up trade barriers will not make US better off.

US needs to temper sharp edge of capitalism with workforce development  and retraining.