Fed Watch: Unintentionally Hawkish

The outcome of the FOMC meeting was pretty much as I anticipated. Asset purchases were cut by $10 billion. The Evans rule was dumped. And forward guidance was enhanced to emphasize that rates would be low for a long, long time. All seems pretty much in-line with the general consensus. Yet financial market participants took […] View the full post at: Fed Watch: Unintentionally Hawkish Related posts: Fed Watch: Dissent FOMC: The Door to Scaling Back Asset Purchases is Now Wide Open Fed Watch: Quick Note on the FOMC Statement