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Other than bragging rights, September or December isn't really important anymore. And to be sure, I am still interested in the political intrique behind Bernanke's move to lay out the tapering.  How much did he influence that discussion?  And where he get the 7% unemployment trigger?  But I suspect the market moving news surrounding the taper - that quantitative easing is not forever, not even for another year -  is behind us.  At this point, any impact of the data on the pace of tapering is really not that important.  What is important, however, is the impact of data on the lift-off from the zero bound. ÂÂ
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