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Fed’s Clarida: US slowing, but expansion will ‘almost certainly’ break record

April 11, 2019

Via: CNBC

The U.S. is economy likely slowing from its strong rate of growth in 2018, with “important international risks” clouding the outlook, Federal Reserve vice chairman Richard Clarida said on Thursday.

This summer, 10 years after the U.S. emerged from a punishing recession, “the current economic expansion almost certainly will become the longest on record,” said Clarida, vouching for the economy’s continued ability to grow.

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