Episode Details
Back to Episodes
PIMCO's Richard Clarida Talks 'Stagflation' in US Economy
Published 11 months ago
Description
Richard Clarida, global economic advisor at Pacific Investment Management Co. (PIMCO), and former Federal Reserve Vice Chairman, says there is “already at least a whiff of stagflation right now” in the US economy, but he doesn’t expect the Federal Reserve to act pre-emptively to cut rates and sees the central bank waiting until tariff policies negatively impact economic data. He speaks with Bloomberg's Tom Keene and Paul Sweeney.
See omnystudio.com/listener for privacy information.