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I am shockingly, comically bad at golf.\xa0 However, that doesn\u2019t stop me from occasionally watching more gifted souls play the game.\xa0\nOne of their techniques is to examine a putt from multiple perspectives.\xa0 They take a careful look at the green as they come up to mark their ball, look at the putt from the side, squat down to consider it from the opposite direction, and generally scout out the lay of the land from all angles.\xa0 For myself, since I\u2019m generally wielding the putter playing my seventh or eighth, I don\u2019t further test the patience of my companions with such preparations.\xa0 However, I will admit that, for the average golfer, looking at a putt from multiple angles yields useful information.\nA similar rationale can be applied to monetary policy decisions.\xa0 Changes in monetary policy are among the most important drivers of stock and bond returns.\xa0 Consequently, one of the questions we are asked most frequently is where will the federal funds rate be at the end of the year?