Fed’s Clarida: There are scenarios where Fed may not hike rates in 2019

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Additional comments from Federal Reserve’s Vice Chairman Richard Clarida continue to cross the wires as he speaks on CNN.

  • Outside estimates of necessary excess reserves in $1 trillion to $1.2 trillion range.
  • Policy is in a very good place.
  • Can afford to be patient & wait for data.
  • There are scenarios where Fed may not hike rates in 2019.

Source: Reuters.

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