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But we saved everything 🙂.
Justin Wolfers questions the lack of transparency in the recent FOMC statement, noting it is issued by the Chair and does not mention the vote results.
Wolfers suggests that any dissent within the committee and the division of votes will only become clear when the Minutes are made public in three weeks.
Wolfers has previously described how stock prices adjust in response to expectations for future profits and business conditions. He has also explained that Social Security relies on contributions from current workers to fund benefits for current retirees. His recent comments on FOMC transparency add to his ongoing analysis of key financial and policy mechanisms.