Federal Reserve Vice Chairman Richard Clarida was upbeat about the state of the U.S. economy in a television interview, and he said the central bank was closely watching to see if the U.S. is affected by the coronavirus outbreak. “The fundamentals in the U.S. are strong sustained growth, strongest labor market in 50 years, price stability with inflation close to our goal. So yeah, it’s a good picture,” Mr. Clarida said on CNBC. The Fed’s second-in-command said the coronavirus situation in China was being closely watched by...

Source: Wall Street Journal February 20, 2020 15:11 UTC