A poll by Reuters overnight suggests 49/69 economists still expect the Fed to taper in its September FOMC meeting, while 55/67 view the first rise in funds...

A poll by Reuters overnight suggests 49/69 economists still expect the Fed to taper in its September FOMC meeting, while 55/67 view the first rise in funds rate to occur in 2015. Nonetheless, it appears there is a slight change in consensus now as markets expect a dovish taper or taper lite whereby the Fed will reduce its asset purchases in the upcoming meeting, but in the most minimal way possible.