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re: Big FOMC Meeting Today

Posted on 12/17/14 at 1:11 pm to
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5689 posts
Posted on 12/17/14 at 1:11 pm to
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.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 12/17/14 at 1:20 pm to
quote:

BennyAndTheInkJets


What's your take on Yellen so far?
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