Yellen Bluffs Future Rate Hikes and Traders Pretend to Believe Her – Ep. 37

Yellen Bluffs Future Rate Hikes and Traders Pretend to Believe Her - Ep. 37



* FOMC wrapped up meeting with Yellen press conference

* Most people expected "considerable time" to be dropped

* Bloomberg believes "considerable" dropped in favor of "patience"

* The Fed didn't change anything

* The Fed didn't actually say anything

* Markets up on Yellen's optimistic non-news

* Why wait to raise interest rates?

* The longer the Fed waits to raise rates, the more painful it will be for the economy

* What is the Fed's strategy if economy slows down?


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