Fed’s Clarida: Economy is “at or close to” Fed’s twin goals

 In a prepared speech delivered on Monday, Fed Vice Chair Richard Clarida said that the economy was “at or close to” the Fed’s dual mandate, maximum employment and price stability, and reiterated that the inflation was running close to their objective of 2%.  

With markets staying focused on the U.S.-China trade conflict, Clarida’s remarks were largely ignored by the participants and the US Dollar Index was last down 0.25% on the day at 97.08.