What Divisions Within the Federal Reserve Mean for Markets 8/19/22

While gasoline still about 70 cents a gallon higher than it was this time last year, it has come down a lot in the past few months. Wood Mackenzie’s Gas Director Suzanne Danforth dives into what’s driving gas prices. Plus, on the heels of the Inflation Reduction Act and CHIPS Act, what is the future for the semiconductor industry? Navitas CEO Gene Sheridan makes the case for using gallium nitride over silicon. And, the Fed’s decisions over how fast and high to raise rates is revealing divisions within the central bank. Decatur Capital’s Degas Wright and Crossmark Global Investments’ Victoria Fernandez discuss what this means for the trading day ahead.