Jim Cramer Says Data Will Dictate Number of Rate Hikes

Investors should relax and wait for Fed Chairwoman Janet Yellen to weigh the data before guessing on the central bank's next move, says TheStreet's Jim Cramer. He says all the chatter from Fed governors about multiple hikes may be designed to 'soften' the market ahead of a potential move.

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