Jacobsen: Tentative Rate Hike About 'Symbolism' Over 'Substance'

As the Fed begins its interest rate meeting, Brian Jacobsen believes we will get a rate hike even though he thinks the FOMC should hold. He adds that a hike will be more about "symbolism" instead of "substance" to show U.S. investors the Fed remains independent. Brian explains why he sees a hike adding more headwinds for U.S. consumers. In equities, he expects a greater market pullback following rallies across tech during earnings season.

Morning Movers

15 Sep 2026

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