Fed's Clarida: Fed-Funds Rate Barely Above Inflation Rate for First Time in Decade

Market news

16 November 2018

Fed's Clarida: Fed-Funds Rate Barely Above Inflation Rate for First Time in Decade

U.S. Economy Is Doing Well
Data-Dependence Less Relevant When Fed First Started Raising Rates From Zero
Fed Needs to Be Especially Data-Dependent Right Now

Clarida: As Fed Moves Closer to Neutral Rate, Important to Become More Data-Dependent

Canadian manufacturing sales edged up 0.2% in September to $58.5 billion

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