all FOMC meetings cause a spike, even just temporarily
Look past at all FOMC conferences. Every single one is a big event. Usually a 3 dollar range.
FOMC should be a non-event. Everyone now expects a rate hike in September. All the pieces are coming together. Recent housing data confirms future trend. The last to show up is retail sales. The FOMC will ignore the remarks from the EU and raise rates on queue.