Previewing Today's FOMC Decision

Tyler Durden's picture

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Sequitur's picture

How can they possibly cut inflation projections. Food and energy = exploding. Oh, wait, those aren't "core," according to the banker bullshit bible.

qussl3's picture

Banker bonus deflation seems to be the FED trigger.

DarkestPhoenix's picture

Either way, I'll be getting rid of all of my dollars, bitchez!!

Boilermaker's picture

Whatever their 'decisions' are, it will be cause to ramrod the market back up.

Josephine29's picture

I saw it put in a different way earlier in a good post which pointed out that the Bank of England announced more monetary stimulus last month in spite of inflation being way over target.

"If they want a hint as to how to argue this they could of course call the Bank of England which was willing to commence a new round of Quantitative Easing inspite of its official inflation measure being at 5.2% which is some 3.2% above its target of 2% for it.

A man certainly in this spirit is Charles Evans of the Chicago Fed who argued this recently.

Given how badly we are doing on our employment mandate, we need to be willing to take a risk on inflation

In Charles Evans’ world raising the inflation target to 3% will allow policies which will help reduce the level of unemployment to 7.5%."

http://www.mindfulmoney.co.uk/wp/author/shaun-richards/

firstdivision's picture

Inflation is not a cuasation for reduced unemployment.  Think about the 1970's aka Stagflation era and the 1990's.  It just means we would be paying more to survive.   

jcaz's picture

There ya go, start talking about easing, while inflation is exceeding your "1-3% target" right now- genius.

Zer0henge's picture

The long end of my yield curve comes when under pressure as well.

YesWeKahn's picture

I only expect a large scale insanity from these idiots.

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