NY Fed’s Dudley urges collaboration in tackling global imbalances


William Dudley, the president of the New York Federal Reserve, on Tuesday called for emerging markets and the United States to work together in finding a solution to address global imbalances.

At the Foreign Policy Association Corporate Dinner in New York City, Dudley said: "The rapid ascendancy of the emerging market economies in the world economy and the widespread improvement in living conditions associated with globalisation are to be applauded. But aspects of this process have occurred in a

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