Richard Clarida News

05.05 / 12:55
vice chair week Fed Should Pause Rate Increases After This Week, Former Vice Chair Says
The Federal Reserve should suspend its interest-rate increases after one more this week, former Fed Vice Chair Richard Clarida said.
22.01 / 21:19
markets Action pandemic Trade President 2020 reports Watchdog report is critical of former Fed officials in stock trading controversy
A watchdog review into market trading from two former high-ranking Federal Reserve officials criticizes their actions but does not accuse either of doing anything illegal.
13.09 / 18:53
UPS Fighting show Recession risk "coin flip" over the next year - PIMCO
By Dhara Ranasinghe and Chiara Elisei
31.08 / 05:53
COST UPS Lowe's Target Compilation BlackRock performer Inflation is as corrosive to investing as it is to the real economy
It is more than two years since high inflation returned to the rich world, and hopes that it will quietly fade are themselves fading. True, prices are rising more slowly than in 2022, when the pace hit 9.1% in America, 10.6% in the euro area and 10.4% globally. But the view that this was just a passing lurch looks ever less plausible.
04.05 / 15:33
vice chair week Fed Should Pause Rate Increases After This Week, Former Vice Chair Says
The Federal Reserve should suspend its interest-rate increases after one more this week, former Fed Vice Chair Richard Clarida said.
02.05 / 18:35
vice chair week Fed Should Pause Rate Increases After This Week, Former Vice Chair Says
The Federal Reserve should suspend its interest-rate increases after one more this week, former Fed Vice Chair Richard Clarida said.
14.07 / 23:43
Reserve Federal Reserve Inspector General Finds Powell, Clarida Didn’t Trade Improperly
The Federal Reserve’s inspector general said central bank leader Jerome Powell and former second-in-command Richard Clarida didn’t make improper financial trades while serving in their leadership roles, but it did flag some ways their market activities inadvertently conflicted with Fed rules.
14.07 / 23:19
controversy Powell, Clarida cleared of wrongdoing in Fed trading controversy
Controversial trading activities from Federal Reserve Chairman Jerome Powell and former Vice Chairman Richard Clarida didn't break any rules or laws, the central bank's Office of Inspector General ruled Thursday.
06.05 / 12:37
Remark Ex-Fed Official Says Rates of at Least 3.5% Will Be Needed to Slow Inflation
STANFORD, Calif.—A former senior Federal Reserve official said it was likely that the central bank would need to raise its benchmark interest rate over the next year to at least 3.5% or to even higher levels that deliberately slow economic growth to bring down inflation.
13.01 / 23:11
Government Congress Fed's Lael Brainard invites Congress to choose whether to compete with China's digital yuan
At her confirmation hearing in front of members of the Senate Banking Committee, Federal Reserve board of governors member Lael Brainard said Congress would ultimately have to decide to move forward with a central bank digital currency, or CBDC.
12.01 / 00:55
Powell Says Fed’s New Ethics Rules Are Strong, Will Be Implemented Soon
Federal Reserve Chairman Jerome Powell said Tuesday the central bank is close to finalizing a broad revamp of its ethics rules prompted by criticism of officials’ financial transactions during the coronavirus pandemic.
11.01 / 00:17
Fed Vice Chairman Richard Clarida to Resign
Federal Reserve Vice Chairman Richard Clarida said he would resign from the central bank on Friday. His term on the central bank’s board expires at the end of this month.
05.01 / 22:49
Government economy Federal Reserve President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
The White House is reportedly considering an Obama-era economic adviser and former Fed economist to fill the empty seats on the board of governors of the Federal Reserve System in 2022. 
09.11 / 20:41
Remark Top Fed Official Says Continued High Inflation Would Be Problematic for Central Bank
A top Federal Reserve official said he expects this year’s surge in inflation to ease as supply and demand imbalances fade over time and that an extended run of higher prices through next year would be a problem for the central bank.
08.11 / 19:41
UPS Target Remark vice chair NOT Fed Vice Chair Clarida says another year of inflation like this one would not be 'a policy success'
Federal Reserve Vice Chairman Richard Clarida conceded Monday that inflation is running well above a level that the central bank considers desirable, and if that continues it would signal a policy error.
07.11 / 23:13
Remark week Economy Week Ahead: Inflation, Employment, GDP
Inflation data from the U.S. and China highlight this week’s slate of economic news.

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