The following are the expectations for the FOMC December policy decision on Wednesday by the economists at Goldman Sachs, Bank of America Merrill Lynch, Citibank, and other leading banks. GS: Our central forecast for the first tapering move remains March, with January possible as well. We see a decision to taper this week as unlikely for three reasons. First, the case for tapering on the basis of the data since October is mixed at best. The strongest argument in favor is the improvement in the trend rate of payroll growth to the 200k level. However, we expect that Fed officials will also put considerable weight on ... (full story)