Tomorrow is an important date. It will be the 2nd day of the Fed’s Jackson Hole meeting, and at 11AM PST, J. Powell will face the camera and inform the nation if their rate is going up or holding this month. Most of the experts feel they will hold this month, and raise again in November. Not certain how they are determining that, as the CPI for the past 2 months has been going up, opposing the Federal Reserve’s desire to drop the CPI down to 2%. I suppose we will see tomorrow.
