From the Wall Street Journal - their '5 things' to watch from Wednesday's FOMC meeting

1. Rates to remain on hold

  • The Fed has not signaled a move is imminent
  • The Journal survey of economists shows not a single one expecting a lift-off hike at this meeting

2. Comments on the labor market

  • A positive assessment increases the probability of a September hike

3. Similarly, comments on inflation

  • The Federal Reserve want to be "reasonably confident" inflation will rise to their 2% annual target before raising rates

4. Comments on economic growth

5. Dissents - if any

Full article is here