Here is what you need to read. And there is NEVER expected rate hike at the onset of tightening.
``The risks to growth were now thought to be more closely
balanced by the risks to inflation,'' the minutes said.
``Accordingly, the committee felt that it was no longer
appropriate for the statement to emphasize the downside risks to
and a this:
``Several members noted that it was unlikely to be appropriate to ease policy in response to information suggesting that the economy was slowing further or even contracting slightly in the near term.''
SO you will ignore the Cry-in-Goldman's-beer request for more pig food handouts, eh? It won't depend on the data coming out of Goldman? Are you afraid of pitchforks?