BLOOMBERG. Rate decision

At 2 p.m. ET the Federal Reserve will announce what's expected to be the first rate hike of 2016. With every economist surveyed by Bloomberg calling for a 25 basis-point hike, attention is likely to focus on Chair Janet Yellen's post-decision press conference. While market-implied probabilities put the chances of an increase at 100 percent, they also imply an 8 percent possibility of a 50 basis-point increase.