Peak Complexity And Confusion: March FOMC Statement Has A Record 877 Words In It

Peak Complexity And Confusion: March FOMC Statement Has A Record 877 Words In It

Confused why the market is confused by the latest FOMC jibberish, whose “new and improved” forward guidance is a total disaster, which was to be expected now that the old has been scrapped and is dead and buried? It’s simple: there were 877 words in the FOMC statement, which is an all time record. Even the Fed is having problems explaining to itself what it means. And yes, that includes the first instance of the scapegoating word “weather.”

Source: FOMC

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