Richard Clarida News
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As benchmark yields plunged the most in two years toward a record low, Bank of Japan Governor Haruhiko Kuroda said not to worry about a bond-market bubble.
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A likely agreement to avoid automatic U.S. tax increases and spending cuts will still leave a lot of budget work to be done next year, according to Pacific Investment Management Co. strategist Richard Clarida.
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Richard Clarida, global strategic adviser at Pacific Investment Management Co., said he’s confident the European Central Bank “will do what it takes” to rectify the euro region’s debt crisis without sparking inflation.
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The Federal Reserve may be forced to buy more assets if the $600 billion in bond purchases announced yesterday isn’t enough to boost growth and inflation, Pacific Investment Management Co.’s Richard Clarida said.
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European leaders are coping with a monetary union that was created without an “exit strategy” as member nations try to resolve the region’s debt crisis, Pacific Investment Management Co.’s Richard Clarida said.
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Richard Clarida, global strategic adviser at Pacific Investment Management Co., comments on Europe’s sovereign-debt crisis and what role the European Central Bank may play. He spoke today with Sara Eisen on Bloomberg Television’s “InsideTrack.”
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Richard Clarida, global strategic adviser at Pacific Investment Management Co. , said the Federal Reserve will alter language in their policy statement at this week’s meeting to reflect a “sluggish” economy.
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The Federal Reserve will prepare investors for additional purchases of securities to keep borrowing costs low when policy makers meet tomorrow, Pacific Investment Management Co.’s Richard Clarida said.
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Members of the euro area may change in coming years even as the union survives, Pacific Investment Management Co.’s Richard Clarida said.
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U.S. economic growth may return to the slowest pace since the third quarter after accelerating in the fourth quarter on the strongest consumer spending in four years, according to Pacific Investment Management Co.’s Richard Clarida .
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