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%