I just read someplace — gotta find it — that at some meeting they indicate they will do another QE.
Buy the rumour. Sell the news. My guess is they don’t at their September meeting - just a hunch. Then everyone says the fed never does anything at any october meeting before the election (as to not sway things one way or the other). So my guess is december at earliest. More inflation coming for things that are necessary (food, gas) unfortunately. Fed doesn’t realize this inflation somehow and thinks there is no inflation based on other factors. I guess if you go by the price of a 50 inch lcd, there is no inflation - although we can’t eat televisions.