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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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Rising Rates: Strategies for Successful Mortgage Origination in a Volatile Market
Explore strategies for mortgage origination amidst rising interest rates, focusing on personalized service, technology adoption, and market adaptability.
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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