Fed removes goal post

Of course, as mentioned before, they need new excuses to continue printing.

They've changed policies over 10 times in the past few years. Watch out for a reversal of QE-tapering or a new QE program in the later part of this year.


The Federal Reserve gave itself room to keep borrowing costs low at least until next year by dropping a linkage between the benchmark interest rate and a specific level of unemployment:
http://www.bloomberg.com/news/2014-03-19/fed-links-rate-outlook-to-range-of-data-drops-6-5-threshold.html