Fed's Dudley: Market drop is 'small potatoes,' economy still strong, rates going up


CNBC—The tumult in stocks has not changed New York Fed President Bill Dudley's view that the economy is likely to continue to grow above pace.

NY Federal Reserve President Dismisses Media Hype: Market Drop is 'Small Potatoes'. Pushing back against media hysteria in the wake of February stock market declines, New York Federal Reserve President William Dudley said the early market drop was “small potatoes,” and had not changed his views about the U.S. economy.