We know that a Fed rate hike is coming soon…
“It will likely be appropriate to raise the target range of the federal-funds rate sometime later this year and to continue boosting short-term rates at a gradual pace thereafter as the labor market improves further and inflation moves back to our 2% objective,” U.S. Federal Reserve Chairwoman Janet Yellen said in a Sept. 24 speech at the University of Massachusetts.
But the question remains, Fed rate hike?
In the following video, Money Morning Capital Wave Strategist Shah Gilani tells us whether the upcoming Fed Fed rate hike will rock U.S. markets:
