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Speaking before the Council of Foreign Relations in New York, Clarida said that “there was no reason that this expansion cannot continue.”
He said the Fed was open to changing its stance as economic circumstances warrant.
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The Rise of AI in Mortgage Origination: A Game Changer?
Explore the transformative role of AI in mortgage origination, enhancing processing efficiency and security, while ensuring ethical deployment.
Estimated reading time: 0 minutes, 23 seconds
Fed Vice Chair Says Economy is in a 'Good Place'
Federal Reserve Vice Chairman Richard Clarida said the U.S. economy is in a “good place,” during recent remarks. He also vouched for the central bank’s current stance on interest rates. So reports MarketWatch.
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