Fed's Dudley says global economy gradually improving
NEW YORK (Reuters) - A top Federal Reserve policymaker on Friday pointed to improvements in the economies of Europe, China and Japan as proof that the global situation is "gradually" improving.
New York Fed President William Dudley, addressing a gathering of bankers, said the international economy is better than it was six months ago, which is positive for the United States.
- Separatists take armored vehicles, humiliating Ukraine forces |
- Hundreds still missing in deadly Korea ferry sinking |
- Ocean floor search for missing Malaysia plane cut short again
- BofA reports first quarterly loss since 2011 on lofty legal bill
- Wall Street gains on Yellen comments and Yahoo; BofA falls