Fed Is ‘Attentive’ To Your ‘Sizable’ Inflation Burden
If the FOMC minutes hit on a day when no one is around to read them, do they make a sound?
Minutes from the Fed's November policy meeting were released into a pre-Thanksgiving vacuum on Wednesday. So, besides being hopelessly stale, they were destined to fall on deaf ears and vacant chairs.
As a reminder, the November meeting (at which the taper was unveiled) came ahead of October's jobs report. Subsequent data, including inflation figures and robust retail sales numbers, could be construed a
