The bed has paused again, but the story isn't quite over.

Motley Full Money starts now.

Welcome to Motley Full Money.

I'm Deja Woolard here with Motley Full Analyst, Bill Mann.

Hi, Bill, how are you?

Hey, Deja, how are you?

I'm doing great.

Bill, we have to talk interest rates.

I think in the past, you've called the feds ability to change interest rates kind of a

sledgehammer.

This time, the sledgehammer remained on the shelf, but Chairman Powell made it clear it's

not being put away yet.

So we've got two meetings left in the year.

What happens for it to kind of go back in the shed for a while?

Well, so obviously they're paying a lot of attention to the rate of inflation.

And a lot of people point to the core rate as being above three as being a problem.

I actually don't think that it is because so much of that is energy, and there's exactly

zero that the Federal Reserve can do about oil and gas costs.

Ultimately, I think that they're looking at a lot of different measures, but maybe most

importantly, they are looking at the type of capital formation activity, and whether

that has slowed down.

And it really had on an equity level, but we've seen just a little bit of the animal spirits

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