Federal Reserve officials will use all available tools to ensure the economy recovers from the pandemic-induced shock earlier this year, including purchases of government assets and explicit guidance about how long they expect to keep interest rates at low levels, Richard Clarida, the central bank’s vice chairman, said in remarks set for delivery Monday.
At their rate-setting meeting earlier this month, Fed officials discussed the critical role that the central bank’s purchases of $120 billion a month in Treasury and mortgage-backed…
