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Clarida says Fed won't raise rates until its sees 2% inflation

“We are not going to lift off until we get inflation at 2% for a year. … We are trying to tie our hands. We are saying we are not going to hike until we get to 2%,” Clarida told a conference held by the Hoover Institution. “It actually doesn’t seem lacking credibility to markets that we are going to do that.”


Source: Economy - investing.com

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