Federal Reserve's Vice Chair Richard Clarida: Economic growth is solid

Federal Reserve's Vice Chair Richard Clarida who is speaking in New York in a Q&A has said that the economy is in good shape and does not think recession risks are elevated

• Economic growth is solid.
• Consumer is in a good place.
• Focus of the fed is to keep US economy in good place.
• Fed is not a pre-set course.
• Fed will act as appropriate.
• Uncertainty about trade policy is impacting investment.