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Richard H. Clarida on the evolution of fed communications

from CFA Institute Enterprising Investor

Richard H. Clarida spent a dozen years working in bond markets and 30 years as a professor watching the US Federal Reserve. Now that he is vice chair of the Fed, he has a new perspective. “When you’re inside the building,” he explained at the CFA Institute Fixed-Income Management 2019 Conference in Boston, “the interactions between monetary policy and financial markets — the plumbing of the financial system — is much more important and much more complex.” more

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