FOMC Preview: Any Tilt In The Outlook More Likely Hawkish than Dovish

My latest on Bloomberg:

Most every market participant expects the Federal Reserve to raise interest rates another quarter percentage next week, the eighth increase since December 2015. And despite speculation the central bank may be close to slowing the pace of hikes, the reality is that while any changes to the Fed’s Summary of Economic Projections would be modest, they would likely reveal a more hawkish than dovish tilt…

Continued at Bloomberg Opinion.