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

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Fed's Clarida: US slowing, but expansion will 'almost certainly' break record
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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.

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.

"That said, the incoming data have revealed signs that U.S. economic growth is slowing somewhat from 2018s robust pace," Clarida said in remarks prepared for delivery at the Institute of International Finance policy summit.

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