Did the Fed really get more dovish at its last meeting? St. Louis Fed President James Bullard explains that market participants may have misinterpreted the Fed’s view on the economy based on its interest rate projections. The Fed should lose the dot plots and give us its base case projections each quarter.
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Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.