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  • Fed's vice chair Clarida: Policy path outlined in September dot plot would be "consistent" with Fed's framework if current inflation and jobs forecast is met
Ekonomické zprávy
08.11.2021

Fed's vice chair Clarida: Policy path outlined in September dot plot would be "consistent" with Fed's framework if current inflation and jobs forecast is met

- Says benchmarks for rate hikes could be met by end of 2022

- Fed still is "a ways away" from considering lift off from current near-zero level

- Repeat of 2021 inflation next year would not be a policy success

- Sees full return to pre-pandemic employment levels by end 2022, unemployment rate at 3.8% with participation rising

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