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Economic Commentary: Communication Breakdown?

Weekly Economic Commentary

September 23, 2013 - In our view, Bernanke made a clear case to markets last week that tapering remains data dependent, and he even provided markets with specific metrics the FOMC was watching to gauge progress.

Market participants may need to recalibrate how they listen to the Fed, and the Fed may need to rethink how it communicates with the markets and the public.

The Fed will need the markets’ trust as it begins to prepare for the unwinding of all the monetary stimulus it has put into the system since 2007.


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