Market news
20.02.2020, 14:04

Fed Vice Chair Clarida says he does not think most market participants expect a rate cut - CNBC

  • Notes fundamentals of U.S. economy remain solid into 2020
  • Labor market is strongest in 50 years
  • There has been a decline in trade policy uncertainty
  • That decline in tensions from trade should be positive for business investment
  • He is getting daily briefings on coronavirus
  • Says it is still too soon tell the impact of coronavirus on the U.S. economy
  • Financial stability risks in U.S. are moderate
  • Reliance on repo operations will recede

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