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Membership Revoked
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Joined Jan 2007
|2684 Comments
Projections are forward out to 2022 and for all goods and purpose they project a Fed that will be sitting tight for next several years.
That of course is not going to be how things actually work out, but policy is only going to get driven by real world events if they act to detriment or support for forward projections.
Fed is not going to lead markets and front running potential Fed actions which has been norm for algo's has no basis in monetary policy implementation.