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Either Something Spooked The Fed Or There Is A “Central Bank Accord”
03-18-2016, 09:20 PM,
#1
Either Something Spooked The Fed Or There Is A “Central Bank Accord”
Either Something Spooked The Fed Or There Is A “Central Bank Accord”

Yesterday’s FOMC meeting and press conference generated widespread unease. My personal uncomfortable feeling was reminiscent of a time many decades ago when a date stood me up and provided an excuse that made little sense. Simply put, the combination of the FOMC’s forecasts, economic assessment, and guidance on the future path of interest rates were incongruous and disconnected to their ‘data dependency’ message.


http://davidstockmanscontracorner.com/ei...nk-accord/
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