August Data Could Change The Picture for September Rate Hike -- Market Talk
Dow Jones2026/08/31 12:380838 ET - Odds for a September rate hike rose to nearly 60% Friday after Fed Chairman Kevin Warsh's speech, but the future of Fed tightening could depend on upcoming August data, according to a BofA Securities in a note. "We aren't declaring victory yet, since very soft Aug data could still change the picture. But absent a material downside surprise, the onus is now on Warsh to deliver a Sep hike," analysts say. The August jobs report will be released this Friday. The July report was much weaker than analysts were expecting, having some economists question the underlying strength of the economy. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
August 31, 2026 08:38 ET (12:38 GMT)
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