FILE - In this Thursday, May 24, 2012, file photo, William Dudley, president of the Federal Reserve Bank of New York speaks in New York. Federal Reserve officials sought Thursday, June 27, 2013, to ... more 
FILE - In this Thursday, May 24, 2012, file photo, William Dudley, president of the Federal Reserve Bank of New York speaks in New York. Federal Reserve officials sought Thursday, June 27, 2013, to calm investors by assuring them the Fed won't start trimming its bond purchases until the economy has strengthened. William Dudley said Thursday that if the economy proves weaker than the Fed forecasts, he expects the bond purchases to continue. (AP Photo/Mark Lennihan, File) less 
1 / 25
Associated Press | Photo By Mark Lennihan, File
Thu, Jun 27, 2013 2:13 PM EDT