The Fed spent the last several months making sure markets are fully prepared for a rate hike in the December meeting. They’ve done a great job too. The consensus for a hike has never been higher, as measured by Fed Funds Futures (where traders bet on the probability of various Fed Funds Rate levels) or by surveys (where more than 90% of economists see a rate hike next week).
Source: Kevin Litwicki Universal Lending
Fed Rate Hike Next Week. Do We Care?