Most press releases or statements from Fed members all have one supreme purpose: that is to guide the market! This is both to prevent the market from experiencing major shocks regarding monetary policy rates, and also to control the impact of “herd behavior” (herd behavior) on the financial market, stemming from the sensitivity of most investors.
The consequences of misleading guidance messages from the Fed can cause massive waves in the capital markets such as the event Taper Tantrum in 2013…, or systemic financial crises like bankrun…, or create large variances in investor behavior that make the Fed's economic and interest rate forecasts inaccurate.
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