BNP Warns "You Can Never Leave" From The Fed's "Hotel California"

From zerohedge.com

The minutes of the Fed’s September meeting make it clear that the committee was disturbed by how much the market was pricing in higher Fed funds. It discussed various ways of delinking the decision to taper from the decision to move the Fed funds rate, including clarifying its guidance to state that the committee would not raise its Fed funds target if inflation were seen running below a given level, or providing more information about its intentions after the 6½% threshold for unemployment was crossed. Other options could include, we would suggest, reverting the Fed funds to date dependency (unlikely, ... (full story)