I can certainly see that the Fed will announce a phase-down later this year – Richard Clarida

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Fed Vice Chairman Richard Clarida He said on Wednesday that he can certainly see that the Fed will announce a gradual reduction later this year, Reuters reported.

Additional declarations

“I support announcing a moderation in asset purchases later this year.”

“Lowering and raising interest rates are completely independent decisions.”

“Threshold metrics for take-off are serving the Fed well.”

“The Fed has no plans to surprise anyone about the reduction.”

“Soft landings are something that all central bankers aspire to; it is certainly doable with the Fed’s existing set of tools.”

“The increase in home values ​​is not being driven by poor loans.”

“A large part of what is happening in the housing market is due to income and demographics, although low interest rates are also driving demand for housing.”

“As the US economy expands faster than the rest of the world, part of that differential is reflected in imports.”

“The difference in vaccination rates will lead to disparities in the global economic recovery.”

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