Fed vice chair Richard Clarida speaks to Bloomberg TV

  • US economy is in good shape
  • Fed still focused on achieving its dual mandate
  • Policy is meant to sustain economy's current good performance
  • Fed's 'dot plots' aren't going anywhere
  • Inflation is at Fed's 2% target
  • Fed could operate somewhat with inflation above 2%

That's about it from Clarida. Some upbeat statements on the economy but giving nothing away about what it means for next year's rate hike cycle. I believe we'll hear more from Fed members on the matter upon the conclusion of this month's FOMC meeting. Until then, expect the usual from Fed speakers.