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Hello, welcome to the morning filter.

I'm Susan Chubinsky with Morning Star.

Every Monday before market open, Morningstar Chief U.S. market strategist Dave Sakara, and I sit down to talk about what investors should have on their radars for the week,

some new morning star research, and a few stock ideas.

Well, good morning, Dave.

The Federal Reserve's September meeting is on radar this week.

Now, we had some mixed inflation figures come out last week.

The PPI was a bit lower than expected.

CPI was a bit higher.

So given all that, what's the Fed going to do this week, Dave?

Hey, good morning, Susan.

Just noting that it is Fed week, we'll see there might be some volatility later this week,

depending on what Federal Reserve Powell has to say.

But for today, Monday morning, coffee mug, just me, chilling with Bob Ross this morning. Markets look a little

bit in the green, but hopefully today will be a pretty chill day. Now, as far as what the Fed's

going to do this week, they're going to cut by 25 basis points. Markets got that fully priced in right

now. And in fact, if they don't cut out by 25 basis points, I'd say, you know, put on your

hard hat and get under your desk and look out below because things will be falling pretty hard if they don't cut out by 25 basis points, I'd say, you know, put on your hard hat and get

under your desk and look out below because things will be falling pretty hard if they don't.

Looking forward, Fed CME tool, FedWatch tool, 85% of a cut of a probability in October, another

80% probability of a cut here in December. So unless there's just a major spike in inflation over the next couple months,

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