In the Wall Street Journal, another brick for your wall of worry!

In (really) brief:

  • The Fed concluded its two-day meeting Wednesday with a rate increase that was widely expected. What surprised many investors was that Fed Chairwoman Janet Yellen didn't blink after an inflation report that was weaker for the fourth month in a row.

The article notes:

  • The yield premium investors demand to hold the benchmark 10-year U.S. Treasury note relative to the two-year note shrank on Wednesday to the smallest since September and approached the lowest since 2007
  • A falling premium is known as a flattening yield curve and typically happens when worries rise that economic momentum is slowing
  • Inflation expectations are sliding
  • Bloomberg Commodity Index slipped Wednesday to its weakest since April 2016

And there is plenty more, but tthat's it in a nutshell

Link is here:

Investors Fear Policy Misstep by the Fed
Some worry central bankers will move too fast as expectations on economy, inflation fall

And ... well, I did have a LOL:

  • The worries also mark a shift from earlier this year, when economic indicators prompted some to say the U.S. central bank was falling behind the curve in tightening policy

We are a fickle bunch :-D

Yellen had a LOL too