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Actionable news in SCHW: THE CHARLES SCHWAB CORPORATION,

Why Schwab's Fixed Income CIO Sees No Imminent Rate Hike

Don't expect the Federal Reserve to hike interest rates next week. The central bank is way too cautious to rock the boat with inflation still so low, said Brett Wander, fixed income chief investment officer at Charles Schwab Investment Management.

"The recent stock market volatility is not helping," said the Charles Schwab (SCHW) executive. "If they do raise rates it will be in December and we only see a 50% chance of that happening."

Wander added that employment is on a...


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