In the last month, I have fielded many questions regarding Federal Reserve monetary policy and financial markets. Not a surprise since so much happened in that sphere. The Fed announced a change in policy. No wait, they didn’t. In fact,all they said at some point in the future we may see the U.S. economy strong enough that massive monetary stimulus may no longer be necessary. We should really file this under a non-story type of title, akin to saying at some point the sun will rise, but I am not sure when.
Monetary policy and the markets
