the Federal Reserve will raise rates. They have to in order to stem rising inflation.

The big question on everyone’s lips is, WHEN will they do it?

Not before late in the fourth quarter is my guess.

Why?

Because, they were very aggressive in lowering them earlier this year and the last thing they want is for anyone to accuse them of over-shooting the target. So, they must leave them where they are for a while and hint they are going up in the future.