Federal Reserve Vice Chair Richard Clarida
- says US economy is operating close to full employment, economy in a good spot now
- inflation is near Fed's target
- we are in a very good place now on financial regulation, supervision
- with the economy where it is today, inflation muted, Fed can afford to be patient
- global demand for currency, bank demand for reserves have risen; balance sheet will be bigger than in past
- yield curve is flat but that's different from a recession-signalling inversion
Nothing controversial or of much note from Clarida here
