Bar for Fed to Hold is High, May Spark More Dissent — Market Talk

The bar for a rate "hold" by the Fed is high and would certainly lead to more dissent than at the July meeting, says Christian Scherrmann, DWS Chief U.S. Economist. He reckons a Fed rate hike would not be a surprise, but also sees a scenario in which it doesn't happen. While a hike would likely pay…