Fed Vice Chairman Richard Clarida Says Inflation Appears Contained Despite Robust Economic Growth

Market news

27 November 2018

Fed Vice Chairman Richard Clarida Says Inflation Appears Contained Despite Robust Economic Growth

Job Gains Have Delivered Positive Economic Surprises for Two Years
U.S. Economic Fundamentals Are Robust
Labor Market Remains Healthy
Expect Inflation to Hold Near Fed's 2% Target
Nominal Wage Growth Is Ticking
Market-Based Gauges of Future Prices Show Inflation May Be Running Below 2%

Before the bell: S&P futures -0.38%, NASDAQ futures -0.44%

U.S National Home Price NSA Index reported a 5.5% annual gain in September, down from 5.7% in the previous month

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