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News to Know

Fed’s top 3 leaders are leaving their posts

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The top three leaders at the Federal Reserve have either left or will leave their posts soon.
New York Fed President William Dudley — one of the most watched policymakers on Wall Street — said Monday he will step down from his post in mid-2018, about six months before his term is set to end.
“Leading the New York Fed and being a member of the [Fed’s committee] has been a dream job,” Dudley said in a statement on Monday.

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