Feds Clara on CNBC: Financial stability risks in US are moderate

Speaking on CNBC

Feds Clara is speaking on CNBC and says:

• The fundamentals of the US economy remain solid into 2020
• There's been a decline in trade policy uncertainty
• That decline in tensions from trade should be a positive for business investment
• He is getting daily email briefings on the impact of the coronavirus
• Says it is still too soon tell the impact of the coronavirus outbreak on the US economy
• Financial stability risks in the United States are moderate

Comments from the Clarida are consistent with a Fed that is happy to keep rates steady where they are for extended time period. The Fed is projecting no rate hikes in 2020.