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Markets Disappointed As FOMC 'Upgrades' Economy & Jobs In Hawkish Statement

The 3 key phrases from today's FOMC Statement are:

  • "Strong Jobs Gains" instead of "Solid Job Gains",
  • "Considerable time" dropped entirely
  • "Solid Pace" instead of "Moderate Pace" For Economy

Suggesting a bullishly economic, hawkish policy statement... and stocks, crude, and bond yields are sliding on the news.

 

"Strong Jobs Gains" instead of "Solid Job Gains"

— zerohedge (@zerohedge)

"Considerable time" sentence dropped entirely: algos no longer have the green light to buy

— zerohedge (@zerohedge)

"Solid Pace" instead of "Moderate Pace "

— zerohedge (@zerohedge)

*  *  *

Crude crashed to new cycle lows...

 

*  *  *

Full Statement: