Edgar Peters Fed Quotations

Even if the Fed skips raising rates at the next meeting, it has to be seen as a symbolic act and not as a change in monetary policy. Stocks would only get a temporary boost.

This is probably as good as it's going to get for the stock market any time soon. I don't believe the Fed is actually close to ending the rate hikes.

A pause by the Fed would give a temporary boost to stocks.

The economy is quite strong and employment costs are rising, and that's what the Fed is going to be concerned about. ... it's a negative for interest rates. It's much more likely now, I think, that the Fed will raise the federal funds rate to at least 5 percent.

It's much more likely now, I think, that the Fed will raise the fed funds rate to at least 5 percent.

The report showed the economy is quite strong and employment costs are rising and that's what the Fed is going to be concerned about.