We'd prob. melt up, but I don't think that's likely. Should just be a repeat of the last meeting I would think. Could be wrong, but right now, it seems like the Fed is looking for maybe 4.5% in 6-12 months. I think the if we happen to get a 50 bp hike, we're done.
That's what he did in 2000. Maybe he wants to get it over before he leaves?