Fed's Hint at Further Easing Leaves Wall Street Guessing - CNBC

The Fed's FOMC statement Tuesday managed to disappoint, confuse and surprise more than a few Wall Street analysts.
"It's being inconsistent, not transparent and not truthful," said FAO Economics chief economist Robert Brusca. "What's really going on here?"
Depending on whom you asked, the central bank either said too much, too little or said it poorly in the follow-up statement to its August release when the FOMC got Wall Street's attention by saying it was prepared to buy more long-term Treasurys to support a languid economic recovery.
"They have to do a better job of communicating," said Wells Fargo senior economist Scott Anderson. "The markets abhor the vacuum of uncertainty around QE2," he added, referring to the cute market acronym for a second stage of quantitative easing, which the Fed opened the door to a month ago.
"The market wanted to hear more," added longtime fed watcher David Jones, of DMJ Advisors. "The market jumped to the conclusion the Fed was going to do another massive quantitative easing."
In that context, if the August statement was a success, the September is a failure.
http://finance.yahoo.com/news/Feds-Hint-at-Further-Easing-cnbc-1971914915.html?x=0