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Kudlow's Quick Take

Fed: Move at the Pace of an Injured Snail
Inflation-sensitive market indicators argue against a rate hike.
By Lawrence Kudlow, August 19, 2015

Pretty much everyone in the world wants the Federal Reserve to begin its "rate liftoff." September is the latest target date for this market consensus. But permit me one dissenting question: Are you sure?

Or as the saying goes, be careful what you wish for.

Take a look at a bunch of forward-looking, inflation-sensitive market indicators. They're flashing deflation, not inflation. In the past year or so...

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