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\\n\\t* Today was the expected day for expected rate hikes, indicating economic "lift-off"
\\n\\t* The June rate hike is off the table and everyone is focusing attention on September
\\n\\t* The prepared remarks are just a smokescreen to maintain the pretense that the economy can withstand a rate hike
\\n\\t* The Q&A session after the the prepared remarks were more revealing
\\n\\t* Janet Yellen ducked the question of why people who recommend postponing the rate hike to 2016 are wrong
\\n\\t* Yellen stated that the "dots" used to forecast rates are based on mere projections
\\n\\t* The FOMC is always too optimistic about the economy, so if they are wrong again, the dots are meaningless
\\n\\t* Yellen tacitly admits she is hiding behind the data, stating that even if rates to rise, it will be a nominal amount
\\n\\t* Yellen\'s response to CNBC\'s Steve Liesman question regarding what labor milestone would justify a rate hike was especially telling
\\n\\t* She said she needs to see further improvement in the Labor Market before she begins to raise rates
\\n\\t* How much improvement does Yellen expect in the labor market over the next three months?
\\n\\t* There is a good chance that the labor market will not be as strong in the next three months
\\n\\t* She is letting the cat out of the bag; saying that rate hike is not likely in September, either
\\n\\t* Yellen questioned the "obsession" about when rate hikes start because the first rate hike will not necessarily indicate normalization
\\n\\t* She is indicating that a rate hike may be symbolic
\\n\\t* The highly stimulative rate of zero to .25 is only necessary when trying to sustain a bubble
\\n\\t* In response to a question about the Federal Reserve under Greenspan, Yellen indicated that it was a mistake for him to raise rates slowly and methodically
\\n\\t* I was vocal Greenspan\'s decisions at that time, arguing that his actions were creating the real estate bubble
\\n\\t* Yellen is now moving interest rates even more slowly over a period of 7 years
\\n\\t* I may not be the only person who noticed how dovish Yellen\'s statements are
\\n\\t* The knee-jerk reaction on the Fed\'s statement was to buy the dollar, but quickly turned into a selloff, and it intensified during the Q&A session
\\n\\t* The dollar was on the lows of the day as it gets closer to the time rates were expected to raise
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