There is something that's happening this week, that is very important and you need to know.

There is something that's happening this week, that is very important and you need to know. On Wednesday, September 21st, the Federal Reserve are meeting. This meeting is known as FOMC. It is composed of a 12-member committee led by Fed Chair Jerome Powell. They are going to let us know the economic projection for inflation, the economic growth for the next two years, and most importantly, they will vote and decide on how much they will increase interest rate by. Why is this so important? Prior to last week CPI data being released, giving that the Feds have been increasing interest rates all year long. The expectation was for inflation to come down. However the reports showed that inflation have gotten worst, it has increased. Therefore the Feds are going to have to be even more aggressive with increasing interest rates. With another major interest rate hike, that means is going to be even harder to borrow and the cost of living is going to be even more expensive. This will have a direct impact on mortgages, car loans, credit cards and jobs. Not to mention in the stock market, September has been a bad month already with extreme volatility. Now, you can expect for it to get even worse. Here are two ways you can capitalize on this volatility and make some money in the stock market. Write down these two stocks, the VIX and SQQQ. The VIX works inversely with the S&P 500 SPY. So, when SPY goes down, the market drops, the VIX goes up. And SQQQ works inversely with QQQ. QQQ tracks the Nasdaq. So when QQQ goes down, SQQQ goes up. These are two stocks you can trade, buy to hedge the market. If you have any questions or any predictions on how much you think the interest rate hike will be, leave it in the comments. And don't forget to follow and share this with a friend.