Fed vice chair Clarida: U.S. economy is in good place

Market news

7 May 2019

Fed vice chair Clarida: U.S. economy is in good place

Sees temporary factors in recent soft inflation
Must look at the outlook on both sides of the baseline
Trade has not had a big impact on the economy so far
Fed sees no strong case to move in either direction
Our focus right now is to get inflation up to 2%
Policy to be adjusted as necessary

Canada's purchasing activity growth unexpectedly accelerates in April

U.S. job openings raise more than expected in March

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