Fed Should Pause Rate Increases After This Week, Former Vice Chair Says

The Federal Reserve should suspend its interest-rate increases after one more this week, former Fed Vice Chair Richard Clarida said at the WSJFuture of Everything Festival

At The Wall Street Journal’s Future of Everything Festival, Richard Clarida discusses the current economic conditions and excess consumer savings that he suggests might lead to a pause in rate increases.after one more this week, former Fed Vice Chair Richard Clarida said.

“I would be in the camp of signaling a pause,” Mr. Clarida said at The Wall Street Journal’s Future of Everything Festival on Tuesday, citing the cumulative effects of the Fed’s rate increases so far as well as tighter credit conditions following

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