Clarida seems to have been given the green light to discuss tapering, other Fed officials have had wrists slapped by Powell for doing the same.
From Clarida Wednesday US time as posted on ForexLive:
- Fed's Clarida talks about the new policy framework
- Fed vice-chair Clarida says Fed rates will be lower for longer, will delay lift-off
- Fed's Clarida drops clues on what to watch for hints of asset purchase taper ahead
For a slightly different take, here is a link to the Reuters recap if you'd like more:
- If a new Fed index of expectations were to "drift up persistently...that would indicate to me that policy would need to be adjusted."