Of course, complete predictability of policy cannot be achieved because the FOMC must react to incoming information in order to achieve its macroeconomic objectives.
However, the FOMC can attempt to minimize bond-market stress in at least two ways: first, through transparency, that is, by providing as much information as possible about the economic outlook and the factors that the FOMC is likely to take into account in its decisions; and second, by adopting regular and easily understood policy strategies.