Every Fed Meeting Is Now 'Live,' Pimco's Clarida Says
Richard Clarida, Pimco's global economic adviser and former Federal Reserve vice chairman, indicates that the Fed stands ready to raise interest rates if inflationary pressures persist. His comments follow Fed Chairman Kevin Warsh's remarks at the Jackson Hole economic conference, suggesting that the central bank is maintaining an active, data-dependent approach to monetary policy.
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Every Fed Meeting Is Now 'Live,' Pimco's Clarida Says
Richard Clarida, Pimco's global economic adviser and former Federal Reserve vice chairman, indicates that the Fed stands ready to raise interest rates if inflationary pressures persist. His comments follow Fed Chairman Kevin Warsh's remarks at the Jackson Hole economic conference, suggesting that the central bank is maintaining an active, data-dependent approach to monetary policy.
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