The Federal Reserve released the January Federal Open Markets Committee meeting minutes and markets are going just a touch berserk.
As Bloomberg put it, "Investors are beginning to war-game how the Federal Reserve can manage a US economy that just won't land, with some even debating whether interest-rate hikes will be needed only weeks after a steady run of reductions appeared all but certain."
"The readjustment in thinking comes after last week's consumer-price index for January came in hotter than expected and was followed three days later by the producer-price index for the same month, which confirmed that the Federal Reserve's inflation fight isn't over," wrote MarketWatch.
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