Financial advisors and market watchers will continue looking toward September for the Federal Reserve’s next swipe at the inflation giant it hasn’t yet been able to slay.

An excerpt:

Vance Barse, founder of Your Dedicated Fiduciary, describes the Fed’s current rate-hike cycle as in its “eighth or ninth inning, but innings can take a lot longer than you think.”

“The reality is the Fed committed a monetary policy mistake because it waited so long to raise rates when inflation was spiking,” Barse said. “The age-old adage is that the Fed hikes until something breaks, and the one thing that hasn’t broken yet is core inflation ex-housing, which the Fed claims is its core metric.”

See Advisors Roll With The Fed’s Well-Telegraphed Monetary Policy Move in Investment News.