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re: Big FOMC Meeting Today
Posted on 12/17/14 at 1:11 pm to BennyAndTheInkJets
Posted on 12/17/14 at 1:11 pm to BennyAndTheInkJets
Damnit
Replaced "considerable period" with the phrase that "it can be patient" regarding the rate hike.
No reference to Russia/Oil, just referenced the focus on inflation and upgraded the labor outlook. This may have just added more confusion to the markets. Is "patient" more or less dovish/hawkish than "considerable period"?
My take, same with what Yellen has said and Bernanke has said as post chairman many times, its just data dependent. If data keeps coming in strong then its June/July, if it weakens it'll be later.
Replaced "considerable period" with the phrase that "it can be patient" regarding the rate hike.
No reference to Russia/Oil, just referenced the focus on inflation and upgraded the labor outlook. This may have just added more confusion to the markets. Is "patient" more or less dovish/hawkish than "considerable period"?
My take, same with what Yellen has said and Bernanke has said as post chairman many times, its just data dependent. If data keeps coming in strong then its June/July, if it weakens it'll be later.
Posted on 12/17/14 at 1:20 pm to BennyAndTheInkJets
quote:
BennyAndTheInkJets
What's your take on Yellen so far?
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