So much ink has been spilled over the Fed tapering, dovishness and hawkishness - $SPY
"Several participants noted that the increase in the median projection overstated the shift in the projections," the minutes of the March 18-19 Federal Open Market Committee meeting showed. Some expressed concern the rate forecasts "could be misconstrued as indicating a move by the committee to a less accommodative reaction function."
Several Fed Officials Said Forecasts Overstated Rate-Rise Pace
By Jeff Kearns and Craig Torres
Bloomberg - Bloomberg - Wed Apr 9 18:00:00 UTC 2014
Several Federal Reserve policy makers said a rise in their median projection for the main interest r...
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