Clarida Says the Fed Is 'a Long Way From Our Goals' and Tightening Policy
By Sain in Business
Updated 3 years ago
Fed Vice Chairman Richard Clarida said he thinks the central bank should keep policy in place even as the economy storms back from its pandemic lows. "We're still a long way from our goals, and in our new framework, we want to see actual progress and not just forecast progress," Clarida said on CNBC's "Closing Bell."