Liquidity will drop dramatically for the remainder of the year but there could be a reason to trade with the US PCE report for November due Monday at 1330 GMT.
Analysts are downright excited about the prospects for the US economy in 2014 but one factor that could derail markets and monetary policy is disinflation, something Rosengren warned about after voting against the taper.
PCE deflator y/y
The consensus is for a bounce back to 0.9% y/y but it will take more than one month of rising inflation to change the downward trend.
