Fed may make a new move soon

Fed could be about to make a major policy change

U.S. Economy Slack Justifies Stimulus, Top Fed Staff Papers Show

Fed economists see easy monetary policy as effective and would like to enhance the forward guidance in a more specific way, i.e. lowing the unemployment threshold to 5.5% or 6%. This is a specific policy proposal to implement the idea that anchoring expectations is a far more effective policy tool than asset purchases. 

Pay attention!