U.S. News: Stop Watching the Fed's Every Move

By SIMON CONSTABLE


You need to stop worrying about what the Federal Reserve is going to do next. It's most probably just making you anxious.
This advice might seem to be at odds with the hullaballoo emanating from TV business news where some commentators think that the Fed's next utterance is the be-all and end-all.
For some people, watching the Fed is rightly an obsession. But such individuals are frequently employed in roles managing tens of billions of dollars of money, and where nuances in the Fed's actions may mean the difference between a profit or a loss which can often be counted in millions.
Most of us aren't in those jobs. Here's some detail on why it mostly doesn't matter what the Fed says or does. Read more here.
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