Fed Clarida outlined six features of new policy framework

<p>In a speech, Fed Vice Chair Richard Clarida outlined six features of the new framework adopted last fall. First, the lift off from the effective lower bound (ELB) interest rate was “delayed” until PCE inflation has risen to 2%, while other complementary conditions are met. Second, FOMC aims to achieve inflation moderately above 2% “for […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/353204-fed-clarida-outlined-six-features-of-new-policy-framework/">Fed Clarida outlined six features of new policy framework</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>