UPDATE: Ooops! Alert reader William Polley caught me in absolute brain-lock. In the original version of this post I treated the minutes as if they were released on December 14. They were, of course, released on January 4. Here's what the post should have been.
The early commentary said "yes indeed." Here's an answer from the market for options on federal funds futures (courtesy once again of Erkin Sahinoz, co-author -- with John Carlson and Will Mellick -- of this background article.)
Not much action there. The employment report, on the other hand, seems to have made an impression.