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

Published: Dec. 18, 2014, 3:54 a.m.

Yellen Bluffs Future Rate Hikes and Traders Pretend to Believe Her - Ep. 37
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\n\t* FOMC wrapped up meeting with Yellen press conference
\n\t* Most people expected "considerable time" to be dropped
\n\t* Bloomberg believes "considerable" dropped in favor of "patience"
\n\t* The Fed didn't change anything
\n\t* The Fed didn't actually say anything
\n\t* Markets up on Yellen's optimistic non-news
\n\t* Why wait to raise interest rates?
\n\t* The longer the Fed waits to raise rates, the more painful it will be for the economy
\n\t* What is the Fed's strategy if economy slows down?
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