The U.S. Federal Reserve does not see a good case for raising or lowering intere...
FILE PHOTO: Federal Reserve Vice Chairman Richard Clarida poses before boarding a bus to tour South Dallas as part of a community outreach by U.S. central bankers, in Dallas, Texas, U.S., February 25, 2019. REUTERS/Ann Saphir
“We don’t see a strong case to move rates in either direction,” Clarida told Bloomberg television, largely echoing comments made last week by Fed Chair Jerome Powell. “Monetary policy is in a good place right now.” A few policymakers, however, have recently expressed concern over persistently low inflation and have indicated that rate cuts might eventually be needed.
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