Fed's Dudley says too early to mull curbing Fed purchases
• ReutersNew York Federal Reserve Bank President William Dudley said it is too early to talk about curtailing the central bank's long-term security purchases while the U.S. economic recovery is fragile.
"As financial conditions improve, which seems to be the trajectory, it's a legitimate point to consider what you want to do in terms of your purchase programs," Dudley told CNBC in an interview broadcast on Monday.
