WSJ: "A rate increase could come as early as September if economic data hold firm"

Jon Hilsenrath and Michael Derby write in the WSJ: Fed Officials Gain Confidence They Can Raise Rates This Year Officials are almost certain to leave rates unchanged when they meet July 26-27, according to their public comments and interviews with officials. But the message in their postmeeting policy statement could be that the economy is on a more solid footing than appeared to be the case when they last gathered in June, setting the stage for raising rates if the data hold up in the months ahead. Meanwhile Tim Duy writes at Bloomberg: Why the Fed Can't and Shouldn't Raise Interest Rates......(read more)

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