13.12.2017 • 13:00 GMT
How Much Dollar and SPX Impact from a Baked-In Fed Hike?
• The Federal Reserve will announce its final policy decision of the year Wednesday and the market is certain of a third 2017 hike
• Given the heavy speculation and the fact that this is a 'quarterly' meeting, the focus will turn to forecasts for the 2018 pace
• It will be easier to disappoint the Dollar and 'risk trends' (like the S&P 500) given assumptions and pricing