Jim Cramer Previews the Fed's Interest Rate Decision

Hawkish Fed governors have their opportunity to make the case for higher rates after this recent slew of positive economic news, says TheStreet's Jim Cramer. Cramer said Brexit did not hurt that much, housing has been strong and auto demand has been resilient. He said the lack of wage growth is the factor that is holding him back from wholeheartedly calling for a rate hike. Still, he said the case could be made for a Fed voter to say there is no time like the present to finally get the job done.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.