Every Fed Meeting Is Now 'Live,' Pimco's Clarida Says

Richard Clarida, Pimco global economic adviser and a former Federal Reserve vice chairman, says the Fed is prepared to hike if inflation pressures don't ease. He speaks after Fed Chairman Kevin Warsh's speech at the central bank's annual conference in Jackson Hole, Wyoming. (Source: Bloomberg)

Richard Clarida, Pimco global economic adviser and a former Federal Reserve vice chairman, says the Fed is prepared to hike if inflation pressures don't ease. He speaks after Fed Chairman Kevin Warsh's speech at the central bank's annual conference in Jackson Hole, Wyoming. (Source: Bloomberg)