Here's a picture of the implied probability of the federal funds rate after tomorrow's meeting, gleaned from options on federal funds futures. I'd say the herd is pretty marchin on to 25 basis points. (And speaking of the previous post, as if I was, note how things jump around with statements by the Chairman, or news on things that the Committee presumable care about, like oil prices and employment reports.)

Implied_probabilities_with_events1_2

Note: Click on the picture, and it will get bigger! If you want to read more about fed funds options, try this article.