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Fed’s Clarida: Further Rate Hikes Likely

Fed’s Clarida: Further Rate Hikes Likely

Oct. 26, 2018 — Monetary policy remains accommodative despite recent increases in the federal funds rate, Federal Reserve Vice Chairman Richard Clarida said. In his first speech as the agency’s No. 2, Clarida said further gradual adjustment in the rate will likely be appropriate, though the Fed will need to continue monitoring a wide range of data.

Read Clarida’s Speech

 

 

 

 

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