New York Fed President William Dudley (speaking now - Webcast): Recession looks over, but...

|By:, SA News Editor
New York Fed President William Dudley (speaking now - Webcast): Recession looks over, but economy is weak and joblessness too high. Yet the Fed is "willing and able" to manage inflation. Identifying bubbles is tough, but limiting leverage lowers bubbles' risks as well as the damage when they burst. Work is under way on liquidity buffers and capital ratios.