A preview of the upcoming Federal Open Market Committee meeting on September 26
- Will hike at the Sep meeting
- And will signal December intention through updates to its 2018 dot plot, revised forward guidance
- Will take out or change the accommodative language from statement
- Will signal solid consensus on four hikes this year
- On risk - will say they remain balanced (upside risks from easy financial conditions countered by downside risks from overseas developments and trade policy)
MS comments via Bloomberg