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Dudley: One or Two Fed Cuts After Sept. Is ‘Close Call’

Markets

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September 15, 2025

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Bloomberg

Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, discusses the outlook for this week’s Federal Reserve policy decision and the future path of interest rates. A quarter-point cut on Wednesday is “baked in the cake,” Dudley tells Bloomberg Television. The bigger question is whether they cut once or twice after September, he adds. “It’s going to be a very close call between those two outcomes.” Dudley also comments on the potential influence of Stephen Miran, who is is po

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