Turkey faces high bar to U.S. funding, former NY Fed chief says
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ISTANBUL (Reuters) - Turkey's foreign cash needs are not the sort of thing the U.S. Federal Reserve is likely to relieve given its economic challenges and volatile diplomatic relations with the United States, the New York Fed's former chief said in an interview. William Dudley, who from 2009-2018 was vice chair of the U.S. central bank's policy-making committee and ran its New York branch that oversees foreign funding, said "there is definitely a significant reluctance" to expanding the dollar..