Fed’s Clarida: Focused on inflation expectations

Eren Sengezer FXStreet

Additional comments from the Federal Reserve's Vice Chairman Richard Clarida continue to cross the wires.

Key quotes (via Reuters)

As policy moves towards neutral estimates need to be more data dependent, not on pre-set course.
Focused on inflation expectations.
Not returning to pre-crisis portfolio size.
Want to operate with smallest balance sheet possible while still achieving objectives.
Balance sheet plan very effective, well communicated.
There are abundant excess reserves.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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