Everybody needs money. That's why they call it money.

From full global headquarters, this is Motley Fool Money. It's the Motley Fool Money

radio show. I'm Chris Hill joining me in studio this week for Million Dollar Portfolio,

Matt Argusinger, and Jason Moser, and from Motley Fool Deep Value, Ron Gross. Good to

see you as always, gentlemen. We have got the latest earnings from Wall Street. We will

dig into the battle for the living room with TV writer Andy Greenwald. As always, we'll

give you an inside look at the stocks on our radar. But we begin with the market in general,

as the recent volatility has subsided for the moment. All eyes are on the Federal Reserve's

two-day meeting, which begins on Wednesday the 16th. And the big question, guys, is will

the Fed raise interest rates? Ron, I've got to say it's getting pretty heated out there.

You've got some money managers in the LSA saying they've got to raise rates and others saying

that would be a massive mistake. What do you think?

Well, they look at three main things and like 75 other little things, right? Economic

growth, measured by GDP, strengthened the job market, measured by unemployment, and the

inflation rate. I think economic growth is pretty good at 3.7%, unemployment pretty

good at 5.1%. And inflation is actually lower than their 2% target, significantly lower,

actually. So things are pretty good. The low inflation rate actually gives them some, buys

them some time if they want it. And they might want it because of the market volatility you

just discussed, what's going on over in China with the weakness in their economy. Things

aren't necessarily perfectly rosy. So they can have some time if they need it. If I'm,

you're asking me to bet and you didn't, but I'm going to bet anyway. I say no hike in

September, hike in December. Pushing it off. All right.

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