Barron's: Hot inflation or not, rate hike timing uncertain
Markets are weighing a possible quarter-point Fed rate hike at the Sept. 16-17 meeting, but Barron's says coming inflation data could be cool enough to keep officials on the sidelines.
By Megan LeonhardtMany economists and investors expect the Federal Reserve to raise interest rates by a quarter of a percentage point at its Sept.
16-17 policy meeting.
But this coming week's inflation data may prove cool enough to keep officials on the sidelines-and the federal-funds rate in a tar…