Dudley - fED can have Large Balance Sheet and Avoid Inflation Problems

Dudley - fED Does Not Expect Qe2 to have "large, Powerful" Effect on U.s. Economy

Dudley - International Problems Not due to fED Policy, But to Lack of Currency Flexibility in Some Countries

Dudley - Trying Through Qe2 to Remove Treasuries from Market, Force Investors Into Other Assets

Dudley - Value of Dollar Not the Objective of fED Policy