August CPI seen as key to September Fed rate decision
Mahoney Asset Management’s Ken Mahoney says the hotter-than-expected August jobs report alone isn’t enough to justify a mid-September rate hike. He remains in the camp the Fed will not hike in September.
1332 ET - The hotter-than-expected August jobs report isn't, by itself, a strong case for the Fed to hike rates at the mid-September FOMC meeting, Mahoney Asset Management's Ken Mahoney says in a note.
He is still in the camp that the Fed won't raise rates in September, and thinks the decision won'…