COLUMBUS, Ohio (AP) — Joe Biden is set to make a general election campaign visit Monday to Ohio, signaling the former vice president’s hopes of winning the state Democrats lost by a significant margin in the 2016 election. The Biden campaign said the former vice president plans an afternoon campaign […]
Caps
Fed’s Clarida Leaves Door Open to Yield Caps in New Strategy
(Bloomberg) — Federal Reserve Vice Chair Richard Clarida left open the possibility of employing Treasury yield caps at some point in the future, though he indicated it’s not likely now and reiterated the central bank’s rejection of negative interest rates. “Yield caps and targets were not warranted in the current […]