Nothing jumps out from the latest Hilsenrath story. It says the Fed will wait-and-see.

The Fed’s plans hinge on economic growth picking up, super-low inflation returning to 2% and hiring staying strong. But the Fed would rethink its timetable if the economy doesn’t deliver on these expectations.

He looks at four questions the Fed is trying to answer:

  1. Is Job Growth Sustainable?
  2. Is the Jobless Rate Overstating the Labor Market’s Health?
  3. Will Inflation Return to Target?
  4. Is More Fiscal Chaos Coming?

Vanilla stuff.