Fed's Clarida: There will be no rate hike until there's 2% inflation for a year

Fed's Clarida: There will be no rate hike until there's 2% inflation for a year

From youtube.com/cnbctelevision

Wilfred Frost reports Fed Vice Chairman Richard Clarida says there will be no rate hike until the U.S. economy experiences 2 percent inflation for a year. Mike Santoli and Sara Eisen joins to discuss.

That will yage ages to settle above 2% for a time span of a year