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Fed's Dudley signals support for reverse repo tool
Reuters May 20 (Reuters) – New York Federal Reserve President William Dudley on Tuesday offered a big thumbs-up for one of the new tools the Fed may use to control rates when it eventually begins to raise them, and gave a second, even newer tool a decidedly … Treasurys rise on Dudley comments, positioning Economy `Continues to Disappoint': Fed's Dudley Final Hour: Sentiment Blow From Retail Blues |