- Fed's vice chair Clarida says policy in good place, Fed will respond to material changes
Market news
9 January 2020
Fed's vice chair Clarida says policy in good place, Fed will respond to material changes
- Inflation remains mute, but is projected to rise to 2%
- Policy to remain appropriate if economy stays on track
- Fed will respond accordingly to any material reassessment of outlook
- Some repos may be needed at least through April taxes
- Sees some signals global headwinds beginning to abate
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