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- Fed, Dudley: USD strength creating challenges for exporters
Fed, Dudley: USD strength creating challenges for exporters
- Financial market conditions matter for setting policy
- Global developments also important for US outlook
- Federal Reserve monetary policy can impact far beyond US borders
- Should be cautious in raising rates, flatter path appropriate
- Global recovery since crisis has been disappointing
- US economy being held back by slower global growth
- USD strength creating challenges for exporters
- US quite close to employment and inflation objectives
- Inflation somewhat below objective but making progress
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