Commenting on the recent inversion of the yield curve, Federal Reserve Vice Chairman Richard Clarida said that he was not worried about it and argued that it was a product of global uncertainty rather than the US outlook. “The US economy is in a good place, inflation is stable,” Clarida added. “There is not one single indicator that would trigger a material change to the US economic outlook.” Regarding the coronavirus crisis, Clarida said it was a “wildcard” and that it was too soon to tell what impact it’s going to have on the global economy. USD reaction The USD ignored these comments and the US Dollar Index was last down 0.4% on the day at 97.46. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next French Pres. Macron: Brexit was based on lies, exaggerations and cheques that will never come FX Street 2 years Commenting on the recent inversion of the yield curve, Federal Reserve Vice Chairman Richard Clarida said that he was not worried about it and argued that it was a product of global uncertainty rather than the US outlook. "The US economy is in a good place, inflation is stable," Clarida added. "There is not one single indicator that would trigger a material change to the US economic outlook." Regarding the coronavirus crisis, Clarida said it was a "wildcard" and that it was too soon to tell what impact it's going to have on the global economy. USD reaction The USD ignored… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
