New York Fed President William Dudley: Despite progress, growth risks remain - including...

|By:, SA News Editor
New York Fed President William Dudley: Despite progress, growth risks remain - including oil/commodity price effects on spending, new home price declines, and fiscal cuts that would dampen economic growth. Headline CPI is high but with "limited" pass-through. Labor is recovering regionally and nationally but unemployment is still "unacceptably high."