What Falling Fed Funds Chatter Really Means

Not that long ago, market analysts and commentators spent most of their time combing over comments made by Federal Reserve members in hopes of gaining an edge in regard to the next change in monetary policy. Nearly a decade of talking, writing and fawning over the Fed resulted in a mere two interest rate hikes, and at the precise moment the Fed appears to be poised to begin taking meaningful action, market participants simply don’t care anymore.