Here's the shortest FOMC preview you will read

The FOMC rate decision is Dec 16 at 1900 GMT (2 pm ET).

Here's what's going to happen. The Fed is going to hike rates 25 basis points to a range of 0.25% to 0.50%, just like everyone expects. The statement will have no surprises and will pledge to be patient and cautious with rate hikes.

The dots will be a bit hawkish and Yellen's press conference will be a bit dovish.

The Fed desperately wants to be predictable when it hikes and the above would be the least-surprising outcome. If anything happens it will be due to some over-abundance of communication that results in some kind of misunderstood message.

What's far more interesting is how the market reacts. I absolutely hate that this decision is coming right before year-end. It skews everything and makes the market reaction untrustworthy.