Fed Vice Chair Clarida repeats comments from recent speeches

Author: Greg Michalowski | Category: Central Banks

Clarida speaking in NY

Apparently the weekend (or trade concerns) have not changes Fed Vice Chairs asssessment of the US economy.  Speaking in NY he reiterated the remarks made on April 9 and May 13.

Below are his comments from his April 9th speech:

  • economy at or near inflation and employment goals
  • Any plan targeting average inflation would need to be a credible one
  • Policy review will take the 2% inflation target as a given
  • Plausible that NAIRU is at or below the current unemployment rate
  • inflation is running close to our 2% objective  
Fed Vice Chair Clarida using the same speech
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose