August jobs report seen as clearing way for Fed hike
Fed officials have said ahead of the Sept. 15-16 meeting that inflation data would guide whether to raise rates after holding them steady this year. The strong August employment report is cited as removing an obstacle.
By Nick TimiraosFederal Reserve officials had made clear in the run-up to their Sept.
15-16 meeting that inflation data, more than anything else, would help them decide whether or not to raise rates after having held them steady this year.
Even if the strong August employment report does not change…