William Dudley served as president of the New York Federal Reserve from January 27, 2009 until June 17, 2018. The president of the New York Fed gets to vote at every FOMC meeting while the other 11 district presidents rotate with 4 voting for one year. As such the New York Fed President is first among equals and carries more weight than the other district presidents. Although Dudley hasn’t been voting at FOMC meetings for more than 7 years his opinions are followed closely on Wall Street and they influence expectations. On July 24 and before the July 31 FOMC meeting, Dudley wrote in a...
