CITI: The Fed would attempt one last 'Hail Mary' before announcing negative rates

Bloomberg data suggests there's a 53.3% chance that the Federal Reserve's next rate hike will come at the December meeting. There isn't 100% confidence in a rate hike until May 2017.
But economists who think the US economy is too weak to withstand even one hike this year ought to consider then that the Fed's next move could actually be a rate cut, according to Steven Englander, Citigroup's global head of G10 FX strategy.
(Englander, it is worth noting, is actually more hawkish than the market, s