What was the bottom line of the 14 Federal Reserve speeches this week? Fed experts said that the central bankers kept the flame alive for a possible interest-rate hike at the end of the year but want to wait until then to assess the impact of the Brexit referendum on the U.S. economy. “They’re buying the option to raise rates this year if the data unfold the way they anticipate,” said Joe LaVorgna, chief U.S. economist at Deutsche Bank. “Their hope and intention is to raise rates. Two seems difficult, one is feasible,” LaVorgna said. In the wake of the strong June jobs report from last Friday, investors are now ... (full story)