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Wednesday, March 19, 2014 7:55:20 PM
That's a somewhat more aggressive path toward higher rates than some investors had anticipated, and both U.S. stocks and bonds slumped. Futures traders now are pricing in a first rate hike as soon as April 2015.
"She certainly moved (the timetable) up a little bit and I don't think the market was expecting that at all because she is widely viewed as being more on the dovish side of the aisle than she is on the hawkish side," said Peter Kenny, CEO of Clearpool Group in New York. I respect your,trading and thoughts,but things happen in the market,like this and unless your a phyic, no one knew what the NEWS was,and as normal man over reacted. PLEASE READ THE WHOLE REPORT. You will see where the FEAR came in. PEACE.
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