Important comment from Clarida
Did he just open the door to a rate cut? Because that sounds like he just opened the door to a rate cut. At the same time, the full comment is a bit more nuanced. He said the Fed is attuned to potential economic risks that could call for more accommodative policy.
More dovish comments:
- US inflation has been coming in lower than expected
- Global economy outlook marked down compared to last Fall
- Dismisses Fed funds futures market, says he's not concerned about it
