Comments from Clarida on Bloomberg TV:
- Risks still tilted to the downside 'somewhat'
- We will be data dependent, every meeting is live
- Rate cuts will give significant support to the economy
- Economy and monetary policy are in a good place
- Watching for cumulative evidence of missing on goals
- We don't see a crack in the consumer
- US consumer has never been in better shape
- Seen a rebound in housing, which is now contributing to growth
- Says he would be less optimistic about economy if Fed had not made those 75 bps adjustments
