The minutes of the Federal Open Markets Committee, the Federal Reserve's policy-making body, are often of interest for specific insights and technical details. But reading between the lines of the report released today from its Oct. 28-29 meeting, a broader picture also emerges of the historically unusual co-dependency that has deepened between the Fed and the financial markets. The resolution of this relationship will be consequential and is as yet uncertain. Here are the four major takeaways from the FOMC minutes that speak to the latest phase of this intense co-dependency: While Fed officials are concerned about ... (full story)