Top Stories
Top Stories

Fed's Clarida says global economy has worsened since July- CNBC

Aug 23 (Reuters) - U.S. Federal Reserve Vice Chairman Richard Clarida said on Friday the global economic outlook has worsened since July.

"The global economy is slowing and there's powerful disinflationary pressures," Clarida told CNBC o u t l o o k - h a s - w o r s e n e d - s i n c e - j u l y - m e e t i n g . h t m l in an interview.

Clarida also said the U.S. economy is "in a good place," and he does not see a heightened recession risk. (Reporting by Mekhla Raina in Bengaluru Editing by Chris Reese)