Clarida's comments are reported by Reuters:
Rollback will depend on data;
The unwinding of the restrictions puts upward pressure on inflation;
The Fed needs to recognize that there is risk in both rising and falling inflation;
Current data is consistent with subdued inflation expectations;
Gives great weight to inflation expectations;
Important to consider wage and productivity growth along with employment and the share of the active population;
Does not believe cryptocurrencies can replace the money.
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