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

 Feds Clarida says global economy has worsened since July: CNBC

(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 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)

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Updated Date: Aug 24, 2019 03:05:46 IST