Fed officials see the economy and monetary policy in 'a good place' and not signaling a need for any change in interest rates, Clarida said.
Federal Reserve officials see both the economy and monetary policy in"a good place" and not signaling a need for any change in interest rates, the central bank's vice chairman told CNBC in an interview Thursday.
He backed the"patient" stance the policymaking Federal Open Market Committee has adopted in 2019, a year in which it backed off previous intentions to increase its benchmark interest rate at least twice.
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