The Fed will not respond in a "hasty manner" to good news on growth, says FRBNY President...

|By:, SA News Editor

The Fed will not respond in a "hasty manner" to good news on growth, says FRBNY President Dudley, reiterating the central bank's intention to continue with QE and ZIRP even after the economy picks up. As for the puny yields at the long end of the Treasury curve, they're not a bubble, he says. Feel better?