Richard Clarida, global economic adviser at Pimco, recently commented on the Federal Reserve’s current stance. He emphasized that Federal Reserve Chair Jerome Powell has not lost control of the central bank.
Clarida also discussed the potential impact of a government shutdown on the economy during an appearance on “Bloomberg The Close.” His insights shed light on how such a shutdown might influence economic stability and policy moving forward.
(Source: Bloomberg)
https://www.bloomberg.com/news/videos/2025-11-04/jerome-powell-not-losing-control-of-fed-clarida-says-video