The Fed's September 16 Verdict: Cut, Hold, or Something Weirder

The Fed's September 15-16 meeting is shaping up differently this time around, thanks to a fresh dot plot and new chair Kevin Warsh, whose untested track record on projections adds real uncertainty. Derek Wu breaks down why Warsh's Jackson Hole remarks pushed hike odds from about 56% to 60.4% according to CNBC, and what that shift means for anyone watching CD rates and high-yield savings accounts. Listeners will learn how hike odds move CD rates well before any official Fed decision, why bank funding needs keep CD yields resilient independent of Fed moves, and how to think through locking in a CD versus waiting or splitting funds between a CD and a high-yield savings account based on their own timeline. - Why Warsh's newness as Fed chair raises the stakes for this meeting's dot plot - How Jackson Hole remarks shifted hike-odds from roughly 56% to 60.4% - Why the June dot plot's even split matters for reading Warsh's lean - How CD rates already reflect much of where September could land - A practical framework for deciding whether to lock, wait, or split funds Made a decision? That's a win. Subscribe so you're ready for the next one, and drop any money choice you're stuck on in the reviews for a future episode.