Fed’s Clarida Says Job Market Calls for Continued Fed Stimulus

Federal Reserve Vice Chairman Richard Clarida said Monday the process of starting the economy back up again may be an uneven one, in comments that showed no appetite to dial back central bank stimulus yet.

The coronavirus pandemic that struck just over a year ago “was an unprecedented shock, it led to an unprecedented collapse and we may have an unprecedented recovery,” Mr. Clarida said in a virtual appearance at a conference held by the Atlanta Fed.

The…