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.

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