Fed's Dudley: Fed to hike more than once before end of 2017

William Dudley, President & Chief Executive officer of the Federal Reserve Bank of New York, keeps crossing the wires from a joint seminar by the Indonesia and US Central Banks, noting that expects Fed to hike more than once before end of 2017.

Headlines via Reuters

Says Fed bank should be cautious in raising interest rates, flatter tightening path appropriate

Says premature to rule out US rate hike before end of 2016

Expects Fed to hike more than once before end of 2017

Says medium-term risks to US economic growth skewed to downside

Fed must be a bit more careful about tightening early vs late

Risks remain 'asymmetric' because interest rates still close to zero

Expects less aggressive tightening in part due to global monetary easing, rising US dollar

Brexit aftershocks pose medium-term downside risks to global economy

Says US election uncertainty could further soften US business investment

Increasingly clear that some post-crisis headwinds likely persistent

Expects 2% US GDP growth over next 18 months after 'sluggish' Q2

Confident US inflation to return to central bank's 2% goal over medium term