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Fed's Dudley: 'Hard to Argue' Fed Should Do More

Thursday, 24 May 2012 | 8:14 AM ET

William Dudley, New York Federal Reserve president, tells CNBC's Steve Liesman why he expects economic growth to pick up and is cautiously optimistic on the U.S. economy. If that continues, he doesn't think the Fed will need to do more to fuel the economy.