Many of you have been following us for a long time on Croblanc, and you already know that we regularly share new video content from the Youtube channel Bloomberg Markets and Finance which our community is extremely fond of. That's why we're telling you about it today, because this new video might pique your interest.
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For your information, you can find below the description of the video Bill Dudley Says Fed Needs to Loosen Up Tight Labor Market published by the Youtube channel Bloomberg Markets and Finance:
Former Federal Reserve Bank of New York President Bill Dudley says the Fed should pursue efforts to ease the "unprecedentedly tight" US labor market to get inflation under control. "The labor market is the tightest basically it's ever been," he says on Bloomberg Television. "The Fed needs to loosen that up or wage pressures will accumulate and that will keep inflation above the Fed's 2% inflation objective." Dudley's opinions are his own."