Clarida: Fed would need to account for stock slide "if sustained"

Clarida: Fed would need to account for stock slide "if sustained"
Copyright 
By Reuters
Share this articleComments
Share this articleClose Button

WASHINGTON (Reuters) - A sustained stock market sell-off would need to factor into the Fed's policy debate, just as would any steady shift in financial conditions, Federal Reserve vice chair Richard Clarida said on Thursday.

"Changes in financial conditions are something that is relevant for the economic outlook," and need to be accounted for "if they are sustained," Clarida said. That would include stock and other asset prices along with other financial market indicators.

(Reporting by Howard Schneider; Editing by Andrea Ricci)

Share this articleComments

You might also like