Pimco's Clarida Says 'Bar Is High' for a Fed Rate Hike

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Pimco's Clarida Says 'Bar Is High' for a Fed Rate Hike
Bloomberg
Written by Bloomberg
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Richard Clarida, global economic advisor at Pimco and former Federal Reserve vice chairman, says an interest-rate hike by the European Central Bank is not "a slam dunk, but it's an option," and explains why "the bar is high" for a Fed rate hike.

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