Economics

Fed’s Clarida Says Coronavirus a ‘Wild Card’ for Outlook

  • Fed vice chair speaks in interview on Bloomberg Television
  • Plays down inverted yield curve; attributes to global tensions
Fed Vice Chair Richard Clarida discusses the potential economic impact of the coronavirus.(Source: Bloomberg)
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The U.S. central bank’s No. 2 official said it’s too early to determine whether the coronavirus outbreak in China will significantly affect the U.S. economy, which remains in a “good place.”