Losing "Patience" Does Not Mean The Fed Has Lost Patience
Earlier today the Fed concluded its 2-day policy meeting and released its official statement and everyone's attention was on whether or not they would remove the word "patience" from its statement, which they did in fact remove. Yet, Janet Yellen claims that "just because we removed the word 'patience,' does not mean we'll be impatient. The word games continue.
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Related article: A Patient Fed Considers Losing Patience
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Yawn... I wish people would wake up and realize Yellen is a dove. Always will be a dove. By June she will be streaming the economy needs help and no rate increase. Her actions are 100% no surprise to me as I stated many times before.