Markets Tumble As FOMC ‘Upgrades’ Economy & Jobs In Hawkish Statement
by Tyler Durden
ZeroHedge.com
01/28/2015
The 4 key phrases from today’s FOMC Statement are:
“Strong Jobs Gains” instead of “Solid Job Gains”, and “Considerable time” sentence dropped entirely
“Solid Pace” instead of “Moderate Pace” For Economy, and added “Inflation is anticipated to decline further in the near term” as new language
And voila, a hawkish policy statement… sending stocks, crude, and bond yields plunging on the news.
The Rest…HERE