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Federal Reserve’s Vice Chair Richard Clarida who is speaking in New York in a Q&A has said that the economy is in good shape  and does not think recession risks are elevated

  • Economic growth is solid.
  • Consumer is in a good place.
  • Focus of the fed is to keep US economy in good place.
  • Fed is not a pre-set course.
  • Fed will act as appropriate.
  • Uncertainty about trade policy is impacting investment.
  • It is important that inflation is achieved on a symmetric basis around the 2% level.
  • Very happy with the fed’s decision from July and September to cut rates.