Former Fed Vice Chairman Clarida said in an interview that he believed in September that the Fed might raise interest rates once more this cycle, but has now changed his view because the bond market can do some of the work for the Fed.

Clarida said the Fed is now highly dependent on data as its policy has entered restrictive territory. At the same time, he believes that the Fed's soft landing prospect is feasible, but there are obvious risks: stubborn inflation, as well as the headwinds facing a so far resilient consumption and economy, and the Fed's dot plot of further interest rate hike plans is expected to be possible in the future. Be challenged.