The FOMC is not expected to make waves  - RBC

The Federal Reserve is not expected to make waves at today’s meeting, according to RBC analysts. By hiking today, the Fed could show that every meeting is live and that it is both apolitical and data- dependent. However, that seems very unlikely.

Key Quotes

“As some have noted, the Fed could show that every meeting is live and that it is both apolitical and data- dependent by hiking today. But it seems very unlikely that it would do so (and less likely still after yesterday’s market wobble).” 

“Our economists expect no hike and very few tweaks to the policy statement (perhaps a mark-up to inflation given the move up in TIPS breakevens since the Sept FOMC).”