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Fed's Clarida: US economy is in a good place, but some risks remain
[CNBC] Fed’s Clarida: US Economy Is In A Good Place, But Some Risks Remain
— LiveSquawk (@LiveSquawk) September 20, 2019
- Committee Has A ‘Range Of Views Right Now’
- This Weeks Rate Cut Was Insurance Against Downside Risks To Economic Outlook
- Decisions To Be Taken ‘Meeting By Meeting’
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[CNBC] Fed’s Clarida: To Be ‘Very Attentive’ To Incoming Data, Risks To Outlook In Future Decisions
— LiveSquawk (@LiveSquawk) September 20, 2019
- Global Economy Is ‘Clearly’ Slowing, Sees ‘Dis-Inflationary Forces’
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[CNBC] Fed’s Clarida: Comments On USD To Be Left To The Treasury
— LiveSquawk (@LiveSquawk) September 20, 2019
- Neg. Yields Are A Symptom Of ‘Very Slow Growth’
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Fed’s Clarida: Doesn’t Anticipate Neg. Rates Being Considered - CNBC
— LiveSquawk (@LiveSquawk) September 20, 2019
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Fed Vice Chair Clarida says the Fed will take interest rate policy ‘meeting by meeting’
The Federal Reserve is taking a meeting-by-meeting approach to setting interest rates and for now is not committed to a set course of action ahead, Vice Chairman Richard Clarida told CNBC. “We’re gonna take this meeting by meeting. We’re not on a preset course,” Clarida told Sara Eisen during an interview Friday on “Squawk on the Street.” The central bank official spoke two days after the policymaking Federal Open Market Committee cut its benchmark interest rate by a quarter point to a target range of 1.75% to 2%. It was the second reduction of the year and came after the Fed had hiked rates nine times, ... (full story)