Top Fed Official Says Continued High Inflation Would Be Problematic Vice Chairman Richard Clarida expects price pressures to dissipate, but a “repeat performance” in 2022 of recent inflation “would not be a policy success.” Vice Chairman Richard Clarida expects price pressures to dissipate, but...
Fed Says U.S. Public Health Among Biggest Near-Term Risks to Financial System The potential for U.S. public health to worsen as the Covid-19 pandemic continues is one of the greatest near-term risks to the financial system, the Federal Reserve said, while noting that asset prices are susceptible...