June 14—Competing strategic deliberations could not be much more clearly delineated this week. The Federal Reserve, the Bank of England, and the Swiss National Bank conduct their policy deliberations, including decisions over rate hikes, as over a decade of central banks ingesting garbage financial paper looks to come back up on them. The roiling of the markets indicates some of the indigestion. Does the Fed have a magical rate hike amount — 0.5%, 0.75%, 1.0% — that will keep the doors open this week?