Fed’s Clarida says he doesn’t see any asset bubbles resulting from recent policy response to pandemic

The number 2 official at the U.S. central bank said Friday that he doesn’t see signs of inflation in asset values in financial markets.

Asked in an interview on the Fox Business Network if he saw unintended consequences or new bubbles stemming from the massive Federal Reserve policy response to the coronavirus pandemic, Fed Vice Chariman Richard Clarida replied: “I certainly don’t.”

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