"~Or, tapering is no longer holding interest rates, and he just as well appear to be in control of rising rates rather than be at a loss on what to do next."

I have thought that exact same thought Itchy. May have to save face. Going to be kind of tough explaining how rates were going to stay low if they don't though. I suppose it is all in their "master plan". They will just have to massage our "expectations" harder.

John