The market has a high degree of confidence the Fed will avoid

It is quite clear that the markets understand Fed policy to a much better extent than before.

It is quite clear that the markets understand Fed policy to a much better extent than before. My own view is that the market's improved understanding, and the Fed's efforts to improve clarity of monetary policy decisions, has much to do with the economy's improved stability.

It will be in the interest of future Fed chairmen to commit to pursue policy regularities that work well,

What we need to do is to allow the market ample room to take care of that problem, which the market is in the process of doing,

I have a high degree of confidence about India's growth potential in IT.