Hot August jobs and revisions keep Fed hike door open
AllianceBernstein’s Eric Winograd says hot August U.S. employment data and upward revisions for July suggest a Fed rate hike would be supported if inflation so dictates.
0918 ET - Hot August U.S. employment numbers, coupled with upward revisions for July, "means that if the inflation picture dictates a rate hike, the Fed will be comfortable that the labor market is strong enough to withstand it," AllianceBernstein's Eric Winograd says in a note.
The numbers show th…