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Originally Posted by jdw3018
That part doesn't matter. What does is whether they left the court for an unauthorized reason.
Obviously the Fed doesn't want us to call it that way, and that's fine. I don't want to call it that way, so I'm actually happy.
But there is a rational argument to be made for why they should change that interpretation.
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"Momentum" isn't an unauthorized reason. That's the same as it's always been. Why change the interp?