After two relatively tame Consumer Price Index inflation reports and some evidence that the employment situation may be softening, the Federal Reserve is not expected to raise rates at its September meeting.
However, there is still a chance that the the Fed raises rates again in 2023. As such the September meeting may matter more for clues as to what the Fed has in store for November, including the Summary of Economic Projections showing where policymakers see rates at year end.
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