Fed vice-chair backs further tightening

Richard Clarida

Federal Reserve vice-chair Richard Clarida is the latest of President Trump’s nominees to support gradual policy rate increases.

Clarida joined the Fed’s board in August. Trump has recently made a series of attacks on the Fed’s tightening of policy. “If the data comes in as I expect, I believe that some further gradual adjustment in the federal funds rate will be appropriate.” Clarida said in his first major policy speech on October 25 in Washington, DC.

Clarida added that the monetary policy

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: