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20 Feb 2019
Fed's Clarida: There are scenarios where Fed may not hike rates in 2019
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.