Possible Fed may ahve to raise more than expectedBest care scenario is 'careful adjustment' of mon polLabor market appears on solid footingThe future direction of mon pol is clearRecent inflation data less promising than I hopeInflation is too high and appears to be broadeningI don't see any way the Fed doesn't hike in December and now the market sees a 75% chance of back-to-back hikes. Today, Bank of America forecast back-to-back to back hikes in Dec, Jan and March. This article was written by Adam Button at investinglive.com.