RE:DOES THE FED TANK THE MARKET?Or nothing - there's close to a 95% probability at this point of a 75 bps hike coming up that's being priced in. We'll watch the langugage to see what the Fed will be saying - but you might be disappointed in the lack of anything that might happen following the meeting.
I believe most of the adjustment from the negative inflation report that came out last week was already priced in last Friday/this Monday.