The Path Forward for Rates, the Final Trading Week in August, and Gina Raimondo in China 8/28/23

Jerome Powell says additional interest rate increases could be ahead as inflation remains stubbornly high. Former Fed Vice Chair Roger Ferguson explains. Plus, markets are kicking off the final trading week in August, capping off what’s been a negative month for stocks. Investopedia’s Caleb Silver discusses. And, U.S. Commerce Secretary Gina Raimondo is in China this week, holding high stakes meetings with key senior officials and business leaders. Longview Global’s Dewardric McNeal describes the global impact.