You Need To Know The Fed ISN’T Important. Here’s Why 2

The Fed gauges conditions in financial markets, and the markets try to predict the Fed - is this not a circular reference?

In order to see if the Fed continues to take longer before raising rates, we will have to see how long they wait before raising rates in the current cycle.

This of course raises the very valid question, is it not reasonable for the Fed to take longer to make their decisions given very uncertain economic conditions?

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