Central Banks Have “Learned A Lesson”: “Silence Is Golden”

Central Banks Have “Learned A Lesson”: “Silence Is Golden”

There's been no shortage of speculation about whether the Fed "got what it wanted" out of Wednesday's "dovish" rate hike. In one camp are those who believe Yellen and co. are probably pleased with the outcome. The "Fed put" (and accompanying BTFD mentality) was reinforced by the dovish messaging and this was reflected in equities rallying into Wednesday's close. Another camp thinks perhaps the committee didn't intend to effectively turn a hike into a cut and will now be forced to talk up future
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