"At 2 p.m. ET the Federal Open Markets Committee will release its latest monetary policy decision. With market-implied odds of an interest rate rise hovering around 20 percent, tightening today would come as a major surprise to investors, even as some argue that the time is right to hike.
Discuss.
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They need to go. The Fed has been paying wayyyy too much attention to what the market thinks. Time give a little surprise and take by control. It is only 25 bps, it won't sink the economy.
I think they go today.
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