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

Author: Greg Michalowski | Category: Central Banks

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.
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