Clarida: US economy operating close to twin Fed goals

Author: Greg Michalowski | Category: Central Banks

Repeats speech from May 13

  • Economy is at or close to its twin goals
  • Fed open minded as we review policy practices
  • Inflation is close to 2% target

From May 7th on Bloomberg, Clarida said:

  • US economy is in a good place
  • Must look at the outlook on both sides of the baseline
  • Trade has not had a big impact on the economy so far
  • We don't see a strong case to move in either direction
  • Our focus right now is to get inflation up to 2%

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