New FOMC Forecasts More Hawkish

``Two of the FOMC members who previously forecasted that tightening wouldn't begin until after 2014 have shifted their votes to that year. Projections for inflation and growth have also been revised higher. It's odd therefore, that the statement itself continues to use the late-2014 language -- though this is probably just a reflection of the fact that Bernanke/Yellen/Dudley are 1) still more dove-ish than the median member, and 2) hold the cards. Just a guess.''