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Clarida, Bowman Affirm Commitment to Fed’s Independence in Setting Rates

May 15, 2018 3:47 PM
56 0

Potential top lieutenant, Richard Clarida, says stock-market volatility by itself shouldn’t determine how the Fed makes rate-setting decisions

WASHINGTON—A hearing before the Senate Banking Committee on Tuesday offered investors and the public more detail about how the Fed will take shape under its new chairman, Jerome Powell.

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