• Fed's Clarida: Fed can be patient in deciding further rate changes

Market news

28 February 2019

Fed's Clarida: Fed can be patient in deciding further rate changes

  • Inflation expectations are at the lower end of the range
  • But consistent with Fed meeting its 2% target
  • Policymakers need to see their economic models and avoid rash judgment
  • Fed can be patient in deciding further rate changes and "allow the data to flow"
  • Fed is entering era when it is "especially" dependent on incoming data
  • 2019 growth expected to be slower but still solid


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