This snippet from the FOMC (), a nod to the hawks at the FOMC meeting:
Minutes
rundown of the whole thing here
Let me just pull out one or two bits …
This is what ‘some other participants’ wanted to do. How many is ‘some’? Who knows, but it can’t have been many given the vote to hike was lost. Anyway, the Wall Street Journal reckons a hike like this would not have been a good idea, ’cause the NFP missed last week… "". The Journal is right, it would have been "viewed" as a mistake. Which is silly, its just one number, and the resemblance of the NFP result to a lottery has been made far too many times in the past for me to repeat it here.