Fed’s Clarida ‘Closely Monitoring’ Coronavirus Impact But As Yet No ‘Material Change’ to Economic Outlook

almost 6 years in theepochtimes

Federal Reserve Vice Chair Richard Clarida said on Tuesday that the central bank is “closely monitoring” the impact of the coronavirus epidemic on the U.S. economy but that it is too soon to say if it will lead to a “material change” in the economic outlook, the Fed’s oft-repeated criterion for a potential interest rate […]

Mentioned in this news
Share it on