Fed's Dudley: Securitization markets hurt recovery
NEW YORK |
NEW YORK Oct 5 (Reuters) - Crippled securitization markets are a hindrance to economic recovery, New York Federal Reserve Bank President William Dudley said on Monday.
"It means the flow of credit to end-borrowers is somewhat impaired," Dudley said in response to an audience question following a speech at Fordham Law School. (Reporting by Pedro Nicolaci da Costa; Editing by Leslie Adler)
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