Fed's Clarida: Sees no signs of the US consumer pulling back

Author: Adam Button | Category: Central Banks

Comments from the Fed Vice Chair

  • On aggregate the US consumer is in great shape
  • The Fed's baseline for the outlook in 2020 is 'more of the same'
  • Fed policy is in a good place
  • I thought recession fears were overblown this year
This sure doesn't sound like a guy who just voted to cut rates three times.

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