The Market Has Begun To Fear A '1994' Scenario- Rising Interest Rates Will Cause Chaos

By BusinessInsider

It was an interesting day in the markets.

It was a stereotypically "risk-on" day (stocks up, dollar down, etc.) until the Fed minutes came out.

The minutes revealed (apparently to the market's surprise) that several members of the FOMC were reluctant to keep Quantitative Easing far beyond the middle of the year.

It's debatable whether this counts as a "tightening" or not. After all, this doesn't change the Fed's 'Evans Rule' guidance, which indicates that easy money will be guaranteed at least until the economy hits a certain economic threshold, but any sign that the easing appetite is