William Dudley

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Definition of 'William Dudley'

William Dudley is an American economist who served as the president and chief executive officer of the Federal Reserve Bank of New York from 2009 to 2018. As the head of the New York Fed, Dudley was responsible for implementing monetary policy on behalf of the Federal Reserve System and overseeing the financial stability of the Second District, which includes New York state, Northern New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands.

Before his appointment as New York Fed president, Dudley was the executive vice president of the Markets Group at the New York Fed, where he was responsible for the Federal Reserve's open market operations and foreign exchange trading. Dudley has also held various positions in the private sector, including chief U.S. economist at Goldman Sachs, and has written extensively on monetary policy, financial markets, and banking.

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