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Clarida re: question on any recession and.......>

FED
FED: Clarida re: question on any recession and balance with fiscal policy:
- Points to a need for a balance between MonPol & fiscal pol in any such
downturn, noting that the U.S. has fiscal space.
- Points to previous "toolkit" deployed by Fed in downturn and notes that the
Fed would deploy again if needed and could add new tools if required.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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