Fed’s Dudley to Announce Retirement

New York Federal Reserve Bank President William Dudley, a key figure in the unprecedented government response to the financial crisis, is expected to announce his retirement as soon as next week, according to several people familiar with his plans.Dudley, who has has headed the bank since 2009, will likely retire sometime in the spring or summer of 2018 when his replacement is found and approved, sources told CNBC. His term ends in January 2019. A search committee has already been formed.Dudley, who will be 65 next year, took the helm of the New York Fed when the banking system was still in the throes of the worst financial crisis of the post-war era.

Source: New York Fed President William Dudley set to announce retirement: Sources – CNBC

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam