StreetAccount Event Preview: September FOMC meeting • September FOMC meeting ends Wednesday (16-Sep) with release of policy statement (14:00 ET) and Chair Warsh press conference (14:30 ET). Sell side previews broadly expect a 25 bp hike following last week's August CPI report, which did not show the disinflationary trend that some Fed officials called necessary to hold. Previews said policy statement will remain broadly unchanged, continuing to focus on justifying or describing the rate decision and shying away from explicit forward guidance. Street mixed on whether the dot plot would show one hike this year or two, though Warsh (again) expected to offer few details on Fed's reaction function or forward guidance. Given mixed views on disinflation trajectory, economists mixed on rate path ahead. #FOMC# #FederalReserve# #FedMeeting# #FedRateHike# #MarketUpdate# #Macro# #Disinflation# #MonetaryPolicy# #CPI# #InterestRates# Gain immediate access to unparalleled insights with #StreetAccount#: