NYT preview of the FOMC decision
The odds of an FOMC rate hike this week are virtually certain but the market reaction will entirely depend on what the Fed signals next.
New York Times Fedwatcher Binhamin Appelbaum looks at the decision and warns that the FOMC may want to avoid sending a signal about the tax cut and what it could do for the economy.
On net, that raises the risks for something that sounds dovish.
