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And JPM's Michael Feroli said FOMC SEP......>

US VIEW
US VIEW: And JPM's Michael Feroli said FOMC SEP economic forecasts coming out
Wed are "likely to show a lower unemployment rate than the September
projections, and a generally firmer outlook for GDP growth." 
- Feroli said that "both revisions should be directionally supportive of a
somewhat faster rate normalization path. Relative to the last post-meeting
statement, we don't anticipate any interesting changes in how next week's
statement describes the economy or monetary policy. Finally, the monthly caps on
the amount of balance sheet shrinkage should be increased by $10 billion per
month beginning in January, consistent with the previously-announced schedule."

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