Economics

Fed in Good Place and Higher Inflation Welcome, Officials Say

  • Fed Vice Chair Clarida sees signs growth headwinds abating
  • ‘Bring it on’ is Bullard’s view on inflation running above 2%

Richard Clarida

Photographer: Al Drago/Bloomberg
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Federal Reserve policy is appropriate amid solid U.S. economic growth but there is a risk that inflation continues to fall short of the central bank’s 2% target, officials said.