Finally, Fednesday is over..what next?

I remember writing on Fed exit policy way back in 2009-10. Fed chair Bernanke had listed several ways for the exit way ahead of its time. It has taken nearly five years for atleast some type of exit to happen. And even now one does not know how far the exit will go.

So, finally it raised policy rates by 25 bps to 0.50% on what is nicely called as a Fednesday. WSJ discusses the day and here are reaction of the priests..

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