-
Clarida: Monetary Policy Outlook for 2019
Happy New Year. I am very glad to be speaking to you here in New York, a city I lived and worked in for 30 years before joining the Federal Reserve Board in September. The new year is often a time when people make resolutions--resolutions to exercise more, learn a new skill, or spend more quality time with family and friends. My resolution, as a member of the Federal Open Market Committee (FOMC), is to work with my colleagues to implement a monetary policy that will sustain economic growth and maximum employment at levels consistent with our 2 percent inflation objective.1 Initial Conditions and What I Am Looking for ... (full story)
-
Clarida: Decisions on the balanced sheet must be consistent with the Fed's objectives. Central bank won't hesitate to chance balance runoff if necessary.
— DailyFX Team Live (@DailyFXTeam) January 11, 2019
- BBG
-
FED'S CLARIDA: WOULD NOT ALWAYS BE PRUDENT TO WAIT UNTIL GLOBAL SLOWDOWN AFFECTS U.S. BEFORE RESPONDING WITH POLICY #2 super dovish
— FxMacro (@fxmacro) January 11, 2019