Fed's Clarida answers questions

  • May well be appropriate to discuss a speeding up of the taper process at the December meeting
  • Economy is in a very strong position
  • Looks like Q4 will be very strong
  • There is upside risk to inflation

Clarida seems ready to jump on the "speed up the taper" line.

The yields in the market have moved a bit higher off the lows, but still remains down on the day.

US rates