JPM economist Michael Feroli quipped........>

US VIEW: JPM economist Michael Feroli quipped after Sept. 19-20 FOMC meeting

minutes that "December goes from a layup to a free throw," i.e., that there is

more uncertainty about widely expected Dec rate hike.

- He added that FOMC minutes "read a touch more dovish than some other recent

Fed communication, and in particular than Yellen's post-meeting press

conference. While most on the Committee continue to see another hike as

appropriate later this year - consistent with the dots - a notable subset of

that group felt that this outcome was contingent on whether "economic data in

coming months increased their confidence that inflation was moving up toward the

Committee's objective.""