The market feared a sanctimonious Fed for its first monetary policy decision of the year. What they got was a confused Fed, which reinforced the prevailing theory: inflation will slow down, the economy will land softly and the central bank will be able to return to a more favorable rate policy. The first big hurdle looks like it has been cleared for the early-year rebound. Today, it's time for two more central banks and a slew of corporate results.
