Fed Signalling to Market Participants What It's Going to Do

We don't want a fed that acts erratically. We want the fed to be signalling to markets well in advance what it's going to do. And as it's revising its projections for inflation, it should also be helping market participants revise their expectations for what the fete is going to doing. What the fete did was revise its expectations for inflation without em changing a policy or trying to signal to mark s that they should expect tighter policy to come. Um, i think that's a very dangerous way to conduct policy. It puts yous as a fet official. No market participants aren't dumb. They can see that prices ar picking up. and if you wait too long to