Thursday, March 19, 2015
The March, 2015, FOMC Statement
...When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent. The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run.
Hoosier's note: I think the Fed is both EXTREMELY TERRIFIED (that the stock markets will crash) and SUPER DOVISH.
The party continues!!!