Home Fed’s Clarida: Change in Fed’s policy statement doesn’t represent a ‘U-turn’

Fed’s Clarida: Change in Fed’s policy statement doesn’t represent a ‘U-turn’

Updated: 20 Feb. 2019 | 21:12

In an interview with CNN, Federal Reserve’s Vice Chairman Richard Clarida said that he didn’t think the change in the Fed’s policy statement represented a ‘U-turn.’

“It is not clear how much of a U.S. economic growth slowdown we are currently seeing,” Clarida added.

Source: Reuters.

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