FED decides whether to change interest rates

As the FED decides what to do with its monetary policy, it seems that the market has priced in that they will keep rates the same.

However, it seems like the likelihood of taking a new stance in monetary policy is the highest in a long time. Although most agree that rates will be unchanged for now, there seems to be a high level of uncertainty of what future policy will be. A moderate 3rd quarter GDP seemed to have eased some fears as the economy wasn't suffering as bad as some analysts thought. This will most like decrease pressure from the FEDs and they will be willing to leave rates unchanged for some time longer before they start descending.

There could be some interesting reactions depending on what comes out of this afternoon's report.