[Deo volente]

"Given the apparent stability of inflation expectations, there is good reason to believe that inflation will move higher as the forces holding down inflation dissipate further," Fischer said on Saturday during a panel at the Kansas City Fed's Economic Symposium in Jackson Hole, Wyoming.

You gotta love the tortuous financial-speak they always employ. Just come out and say it, we're raising the rates.

[Jimmy Valentine]

If the Fed raises rates now it will kick us deeper into recession