Bloomberg published a video report on May 4, 2026, in which former New York Fed president Bill Dudley said he sees no good reason for the Federal Reserve to cut interest rates at this time. [1]
Dudley, who is also a Bloomberg Opinion columnist, made the case in comments tied to the Fed’s policy outlook as officials weigh their next steps on borrowing costs. [1]
The report also said Dudley discussed expected changes under Fed Chair nominee Kevin Warsh, adding that his remarks touched on how a Warsh-led Fed might approach rate policy. [1]
He also addressed Jerome Powell’s decision to stay on as a Federal Reserve governor after his term as chair expires, according to the report. [1]
The Bloomberg video report was published on May 4, 2026. [1]
