At around 04:15 a.m. ET, Dow futures rose 78 points, indicating a positive open of more than 70 points. Futures on the S&P and Nasdaq were both seen slightly higher.
Market focus is largely attuned to corporate earnings, with major U.S. banks set to get the ball rolling later in the session.
J.P. Morgan Chase & Co and Wells Fargo are both poised to report their latest figures before the opening bell on Friday.
On the data front, import prices for March and consumer sentiment figures for April will be published at 8:30 a.m. ET and 10:00 a.m. ET, respectively.
Clarida’s comments came a day after the FOMC released minutes from its March meeting, at which the Fed adjusted its forecast to no rate moves this year.
The minutes reflected a central bank that will watch data closely this year, with some members leaving open the chance of a rate hike if conditions continue to improve.