Fed Vice Chairman Clarida Backs Gradual Rate Hikes
Richard Clarida, vice chairman of the U.S. Federal Reserve nominee, swears in to a Senate Banking Committee confirmation hearing in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Fed Vice Chairman Clarida Backs Gradual Rate Hikes

(Bloomberg) -- Federal Reserve Vice Chairman Richard Clarida said the central bank’s gradual approach to interest-rate hikes is appropriate as U.S. monetary policy gets closer to its optimal longer...
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