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Richard Clarida

  • Monday, 14 October, 2024
    Markets InsightUS interest rates
    Where interest rates are heading

    The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve

    The Federal Reserve building in Washington DC
  • Wednesday, 3 August, 2022
    Pimco hires former Federal Reserve vice-chair Richard Clarida

    Ex-central bank official rejoins his former employer after being cleared in trading investigation

    Richard Clarida at a conference
  • Thursday, 14 July, 2022
    Federal Reserve
    Fed watchdog clears top officials in trading investigation

    Report finds Richard Clarida and Jay Powell did not break law or violate US central bank’s rules

    Richard Clarida
  • Friday, 14 January, 2022
    UnhedgedRobert Armstrong
    Higher rates don’t hurt growth stocks Premium content

    And the Fed’s ethics nightmare

    Montage of trader with computer screens
  • Thursday, 13 January, 2022
    News in-depthFederal Reserve
    ‘A major failure’: Fed under fire for handling of trading scandal

    Resignation of second-in-command reignites debate over whether officials should be able to buy and sell assets

    Illustration of Federal Reserve chair Jay Powell
  • Tuesday, 11 January, 2022
    LexFinancial & markets regulation
    Public servants/stock trading: disclosure regime has proven inadequate Premium content

    A patchwork system encourages cynicism and erodes confidence in its leaders

    Richard Clarida, the Federal Reserve’s vice-chair, pictured in 2018
  • Monday, 10 January, 2022
    Federal Reserve
    Fed’s second-in-command resigns after trading scandal

    Richard Clarida steps down early after failing to report stock sales at onset of pandemic

    Richard Clarida at a conference
  • Friday, 7 January, 2022
    Federal Reserve
    Fed trading scandal rekindled by disclosure from top official

    Richard Clarida blamed ‘inadvertent errors’ for failing to report stock sales at onset of pandemic

  • Friday, 19 November, 2021
    Federal Reserve
    Top Fed official opens door to faster ‘taper’ of bond-buying programme

    Vice-chair’s remarks suggest US central bank could act more quickly to tame soaring inflation

  • Friday, 22 October, 2021
    Federal Reserve
    Focus of Fed trading furore shifts to Powell’s activities

    Scandal risks complicating reappointment of chair and leaving central bank rudderless

    Jay Powell
  • Monday, 4 October, 2021
    Federal Reserve
    Government watchdog launches probe into trading by Fed officials

    Elizabeth Warren also asks SEC to investigate whether activity ‘violated insider trading rules’

    The Federal Reserve building in Washington
  • Monday, 16 November, 2020
    Federal Reserve
    Clarida signals possible changes to Fed bond-buying programme

    Vice-chair cites ‘critical role’ of asset purchases as US economy confronts Covid spike

  • Tuesday, 25 February, 2020
    Federal Reserve
    Fed vice-chair gives no hint of rate cut despite coronavirus turmoil

    Richard Clarida says the central bank is keeping close tabs on the disease’s spread

    Richard Clarida, vice chairman of the U.S. Federal Reserve, speaks during a discussion at the Peterson Institute for International Economics in Washington, D.C., U.S., on Thursday, Oct. 25, 2018. Clarida backed further gradual increases in interest rates while delivering an upbeat assessment of the U.S. economy in his maiden speech as a monetary policy maker. Photographer: Andrew Harrer/Bloomberg
  • Thursday, 9 January, 2020
    Repo market
    Investors still snapping up short-term loans from Fed

    Vice-chair Clarida says central bank will reduce intervention in repo market soon

    Richard Clarida, vice chairman of the U.S. Federal Reserve, listens during a Bloomberg Television interview in Washington, D.C., U.S., on Friday, June 21, 2019. The argument in favor of cutting interest rates has strengthened recently as cross currents buffet the U.S. economy amid heightened uncertainty, Clarida said. Photographer: Al Drago/Bloomberg
  • Friday, 19 July, 2019
    US interest rates
    NY Fed takes unusual step of clarifying president’s speech

    Bank comments after John Williams’ remarks stoke expectations of aggressive rate cut

    John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during the Central Banking Forum on the sidelines of the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Nusa Dua, Bali, Indonesia, on Wednesday, Oct. 10, 2018. Policymakers led by Williams will discuss the spillover impact of global economic and financial conditions and how normalization in advanced countries impacts emerging markets, according to Bank Indonesia Governor Perry Warjiyo. Photographer: SeongJoon Cho/Bloomberg
  • Friday, 21 June, 2019
    Federal Reserve
    Fed’s Bullard and Kashkari make case for rate cut

    Latest manufacturing and services sector data comes in weak

    FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su/File Photo
  • Thursday, 30 May, 2019
    Federal Reserve
    Federal Reserve vice-chair open to rate cuts if outlook dims 

    In change of tone, Richard Clarida says central bank must be ‘nimble’ to sustain US growth

    Richard Clarida, vice chairman of the U.S. Federal Reserve, speaks at the Peterson Institute for International Economics in Washington, D.C., U.S., on Thursday, Oct. 25, 2018. Clarida backed further gradual increases in interest rates while delivering an upbeat assessment of the U.S. economy in his maiden speech as a monetary policy maker. Photographer: Andrew Harrer/Bloomberg
  • Friday, 3 May, 2019
    Federal Reserve
    Federal Reserve officials crack open door to rate cut

    Lower rates could be necessary if inflation remains below target, Bullard says

    James Bullard, president and chief executive officer at the Federal Reserve Bank of St. Louis, speaks during the National Association of Business Economics' (NABE) Economic Policy Conference in Washington, D.C., U.S. on Monday, Feb. 26, 2018. Recent stock selloff was relatively benign and didn't seem to be related to U.S. growth prospects, Bullard said. Photographer: Joshua Roberts/Bloomberg
  • Thursday, 28 February, 2019
    US economy
    US economic growth loses steam in fourth quarter

    Gross domestic product rises at annualised rate of 2.6% for final three months of 2018

  • Friday, 22 February, 2019
    News in-depthFederal Reserve
    Slow-inflation conundrum prompts rethink at the Federal Reserve

    US central bank debates policy response after failing to reach its target

  • Tuesday, 27 November, 2018
    US interest rates
    Fed vice-chair says monetary policy must account for changing data

    Richard Clarida backs gradual tightening while flagging uncertainty ahead

    Richard Clarida, vice chairman of the U.S. Federal Reserve, speaks during a discussion at the Peterson Institute for International Economics in Washington, D.C., U.S., on Thursday, Oct. 25, 2018. Clarida backed further gradual increases in interest rates while delivering an upbeat assessment of the U.S. economy in his maiden speech as a monetary policy maker. Photographer: Andrew Harrer/Bloomberg
  • Tuesday, 27 November, 2018
    Markets
    Wall St mixed as investors digest trade talk, Clarida remarks
  • Friday, 16 November, 2018
    Markets
    Dollar drops, Treasuries rally as Fed vice-chair defends rate policy
  • Thursday, 25 October, 2018
    Federal Reserve
    Fed vice-chairman signals only gradual rate rises

    Clarida says inflation is in check — and central bank will ignore pressure from Trump

    Richard Clarida, vice chairman of the U.S. Federal Reserve, speaks during a discussion at the Peterson Institute for International Economics in Washington, D.C., U.S., on Thursday, Oct. 25, 2018. Clarida backed further gradual increases in interest rates while delivering an upbeat assessment of the U.S. economy in his maiden speech as a monetary policy maker. Photographer: Andrew Harrer/Bloomberg
  • Wednesday, 19 September, 2018
    Global Economy
    Trump to nominate former Fed economist Nellie Liang to board

    Candidate with background in financial stability chosen as attention is paid to potential hazards 

    Nellie Liang, director of financial stability policy and research with the U.S. Federal Reserve, speaks during a financial stability analysis conference in Washington, D.C., U.S., on Friday, May 31, 2013. Federal Reserve Bank of Cleveland President Sandra Pianalto said at the conference so-called living wills to outline how failing banks will be shut down will help increase regulatory transparency for investors. Photographer: Andrew Harrer/Bloomberg
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