Fed’s Clarida Reiterates That Central Bank Can Be Patient With Interest-Rate Increases
Vice chairman’s comments were similar to those he made last week and echoed remarks made by Fed Chairman Jerome Powell
Federal Reserve Vice Chairman Richard Clarida reiterated Monday the central bank can afford to be patient this year with interest-rate increases as the U.S. economy maintains solid momentum heading into 2019.
“We’re going to take this meeting by meeting,” Mr. Clarida said in an interview with Fox Business Network.
He said officials will...