Inflation has been ‘treading water’ at best: PIMCO global economic advisor

PIMCO global economic advisor Rich Clarida discusses the <a s decision to hold <a Making Money.'

Rich Clarida, a global economic advisor at PIMCO, joined ‘Making Money’ to analyze the Federal Reserve’s choice to maintain current interest rates. He further explored the ongoing challenges posed by stubborn inflation and the potential trajectory for monetary policy as officials evaluate the necessity of future rate increases.