Tuesday, October 04, 2022
10/04/2022

Fed's Clarida: Fundamentals of U.S. economy are strong

  • by:
  • Source: Reuters
  • 02/20/2020
“The fundamentals in the U.S. are strong: sustained growth, strongest labor market in 50 years, price stability with inflation close to our goal,” Clarida said in an interview with CNBC. “It’s a good picture.” 

Economic data on Thursday showed factory activity in the U.S. mid-Atlantic region expanded more than expected in February, with a closely watched business index from the Philadelphia Federal Reserve notching its highest level in three years.
Source: Reuters
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