Market to Fed: “See You in September. Counting the Hours…”

Just a week past the previous Federal Open Markets Committee (FOMC) meeting and the countdown to the next one (September 17-18) has begun in earnest. Already various Fed policymakers are out there, some making public hawkish rate comments, others dovish. Call it an intravenous rate news drip feed for investors. I don’t know if it is haphazard or simply on purpose, to keep investors guessing.

September’s FOMC meeting will be particularly interesting because Fed Chairman Jerome Powell migh...

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