MyTake

FOMC Preview: What To Expect from the Fed

Here's the choice - Not change rates in the US and Oil goes to $150 (or higher) or hike rates 25bp and Oil drops to $120 (or less). I think the lower oil is more important to the overall economy. Either way who would you rather give the $40 per month it costs; to the financial institution (for your increase in payment) or the big oil company (for fuel).
My take is the lower oil will help everybody and atleast signal hope to most people and the sooner the better. I see an arguement for a surprize hike, but likely at the next FED meeting.

Investors Look to the Fed for Signals on Inflation and Interest Rates

Here's the choice - Not change rates in the US and Oil goes to $150 (or higher) or hike rates 25bp and Oil drops to $120 (or less). I think the lower oil is more important to the overall economy. Either way who would you arther give the $40 per month you save to; the financial institution (for your increase in payment) or the big oil company (for fuel).