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Will the Fed hike interest rates this month?

From morningstar.com

Over the past several years, Wall Street and Washington, D.C., have grown used to being able to reliably predict what the Federal Reserve would do at its interest-rate meeting, weeks before the gathering took place. But now we're in a new era. Instead of guiding the market toward the likely outcome of the upcoming meeting, the new Fed chair, Kevin Warsh, has remained silent about the central bank's plans. This leaves investors and analysts to ruminate amongst themselves. There's reason to believe the Fed will continue to hold rates steady, as it has so far this year. Inflation is showing signs of cooling, and Warsh, ... (full story)

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  • Category: Fundamental Analysis