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The David Lin Report · Saturday, September 5, 2026

Steele Predicts Fed Inaction Amidst Market Volatility

Devlyn Steele expressed a personal feeling that the Federal Reserve, under Chairman Kevin Walsh, might not raise interest rates at the upcoming meeting, despite strong job numbers. He suggested that Walsh's focus on discipline rather than immediate decisions could lead to a wait-and-see approach, making market predictions based on historical Fed behavior less reliable.

personDevlyn SteelepersonKevin Walsh

The tape

3 quotes
I have a feeling he's not going to do anything.
Devlyn Steele
Because earlier this week, the Fed gave indication that it's not going to raise rates, and then you saw all those numbers, gold, everything go up.
Devlyn Steele
And now the jobs numbers come out and everything goes down.
Devlyn Steele
Heard on The David Lin Report — “Retirement Wipeout: ‘Think Like A Central Banker’ Or Risk Losing Your Wealth | Devlyn Steele, published Saturday, September 5, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Steele Predicts Fed Inaction Amidst Market Volatility — Heardvine