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11-30-2018, 03:26 AM
Fed Jumps Off Predictable Path and Into a Policy Wilderness

A lot of reputable Wall Street forecasters will need to revise their predictions because even the Fed is less certain about what it is going to do. “They are carving out flexibility and that is a hard thing to communicate,’’ said Laura Rosner, senior economist at Macropolicy Perspectives LLC in New York. In two speeches and a set of minutes this week from the Federal Open Market Committee’s Nov. 7-8 meeting, the Fed indicated that the steady march of quarterly rate increases is over.

https://finance.yahoo.com/news/fed-jumps-off-predictable-rate-050001782.html?.tsrc=rss