Fed's Clarida: Political Pressure in No Way a Consideration for Fed Policy Makers

Market news

26 October 2018

Fed's Clarida: Political Pressure in No Way a Consideration for Fed Policy Makers

Clarida Was Responding to Question on Trump Criticism
Central Bank Independence Important to Achieving Mandates
Quantitative Easing Had Diminishing Returns, Potential Costs

Fed's Clarida: U.S. Doesn't Have Much Experience Using Macroprudential Policy

Federal Reserve Vice Chairman Richard Clarida endorsed the central bank's plans to gradually raise interest rates and pinpointed the behavior of inflation as key to deciding when to stop

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