Federal Reserve Vice Chairman Richard Clarida said Monday the process of starting the economy back up again may be an uneven one, in comments that showed no appetite to dial back central bank stimulus yet.

The coronavirus pandemic that struck just over a year ago “was an unprecedented shock, it led to an unprecedented collapse and we may have an unprecedented recovery,” Mr. Clarida said in a virtual appearance at a conference held by the Atlanta Fed.

The…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Elon Musk accuses SEC of unlawfully muzzling him

DETROIT (AP) — U.S. Securities regulators are unlawfully muzzling Tesla CEO Elon…

Moscow attack suspects appear severely beaten as they’re charged in Russian court

Four suspects accused of killing more than 130 people in a terrorist…

Serena Williams is back at Wimbledon. Could it be her farewell to the tournament?

LONDON — Serena Williams is back at Wimbledon for what could be…

Record 6,542 guns intercepted at US airport security in 2022

ATLANTA — The woman flying out of Philadelphia’s airport last year remembered…