The stupidity of central banking

Reuters: Client notes from Goldman Sachs, Citi and Bank of America/Merrill Lynch this week deal with expectations for the removal of the wording, roughly agreeing that however close the call is, it is more likely than not that the phrase will go away.
“They are going to remove it; I don’t think (Fed Chair Janet Yellen) is going to keep it in there just because of what we are seeing with the energy sector,” said Sean McCarthy, regional chief investment officer for Wells Fargo Private Bank in Scottsdale, Arizona.
“All the other data has been strong, whether you are looking at construction, at the ISM numbers, and especially the jobs data that she cares about most.”

Dunno where everyone was last week, but Goldman Sachs and company just did their own central banking in Congress, getting the right of member banks to escape the thumb of the federal Reserve. 

So what forecast should we expect from Janet? What in the frig do we really expect her to say that makes sense in the face of the establishment of our new central banker, Goldman Sachs.  GS won the job fair and square, Janet should have started a policy of ignoring the Keynesians and she might have saved her job.