Tagged: forward guidance

Just a minute

Ah, the Fed Minutes. If only they contained no Repetition, Hesitation, or Deviation, we’d be able to see the wood for the trees. For all the worry over September tapering, we know they want to withdraw monetary accommodation. It’s not even about when. It’s about what it means after that. The two main takeaways from the Minutes were: 1)  ‘Several’…

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