The Death of Ford Guidance?

When the fed did that first 75 basis point hike after ruling out one just a few weeks before, we did have a bunch of bond traders who were talking about how this was the death of forward guidance. So i guess my question is, was it? Because before it felt like even though you were stressing data dependency, you would still try to avoid surprising the market. I think this notion of the death of ford guidance is premature and probably an exaggeration. But certainly, as forward guians expressing our commitment to getting inflation back down, i think it's very valuable for us all to express thattoday's podcast is sponsored by global x e t f.