No, Those Fed Minutes Were Not Hawkish

Following the release of the latest Fed Minutes, I was exceedingly amused to watch as seemingly every commentator one cared to (virtually) consult tried to put a hawkish spin on things. https://twitter.com/heisenbergrpt/status/834483269659934720 That is of course consistent with what Bloomberg's Richard Breslow described overnight as a "hawkish retelling" of an otherwise dovish statement (he was describing how the market has leaned since the last Fed meeting). It's also highly absurd consider