Comments from Dudley in the audience Q&A of his speech: • Chinese growth has slowed a bit • Won't comment on Chinese currency policy • It's early days to judge impact of China FX move • Everyone will be watching Chinese economy very closely • Probably not inappropriate for Chinese yuan to adjust with economy Dudley says he won't comment, and then proceeds to comment. Everyone has gotten a bit frothy about China devaluing but you have once central bank cutting and it's economy slowing (China) and another whose economy is (supposedly) picking up and a central bank ready to hike (the US). That there would be some ... (full story)