Episode
Rich Clarida on Navigating Monetary Policy in Choppy Waters
Macro Musings with David Beckworth · Apr 20, 2026 · 52 min
Rich Clarida was the vice chair of the Board of Governors of the Federal Reserve System and is currently a professor of economics at Columbia University and a managing director at PIMCO. Rich returns to the program to discuss whether we give the Fed too little credit for its soft landing, the problem of persistent inflation, how the Fed should respond to rapidly succeeding negative supply…