Ex- Federal Reserve Vice Chair Richard Clarida comments overnight, speaking on Bloomberg television.

Said that with economic data coming in stronger as the Fed prepares to meet next week

  • "We could get an additional hike or two in this cycle,"
  • "It's a closer call than I would have thought several months ago."

Further out:

  • "I think the bar for rate cuts the rest of this calendar year is very high,"
  • "I do think if there are cuts, it's really a 2024 story."
fed vice chair clarida
Bye now!