I understand the desire for rolling forecasts and commentary from this committee, but for our part, we need to observe market reaction to developments direct and unfiltered. I want to stress of course that decisions by this committee matter a great deal and where necessary and appropriate we will not hesitate to. ...

So I wouldn't characterize what we did as anything like a pause. I would characterize what we did as a rigorous review of the economic situation. I would characterize what we did as a review of the big hard questions and I'd characterize it as a view of what our own homework is to try to resolve those questions in the period ahead.Um, if you were to try to force a description that this was a pause, I would say financial market prices would take the other side of that. Financial market prices in this interme ...

RT Bloomberg Opinion (@opinion)@JonathanJLevin @AllisonSchrager @BobOnMarkets "We look to the Fed to be wise, not to be wrong," @AllisonSchrager says. "Do we need to know that the Fed knows as little as the rest of us?"WATCH LIVE: https://t.co/BVqXpelKFa ...