Tuesday, November 03, 2015

Fed Dots - Tea Leaves By Another Name? or alternatively, The Dot Plot Thickens

My previous post mentions tea leaves as a way for the Fed to determine policy.  I bet you thought I was kidding.  Well, watch this video to see what Fed-watchers are watching.  And just in case you're wondering, it's not a comedy sketch.

[Screen capture from Bloomberg]
[Thanks to J.B. for the neat alternate headline.]