Fed Rate-Hike Debate Narrows After Strong Jobs Report

August payrolls rose 162,000 versus a 53,000 forecast and unemployment held at 4.1%, briefly lifting September hike odds to about 60%. Markets have since returned near even odds as Waller and Williams leave room for a hold, while Hammack and Warsh remain hawkish. CPI, PPI, services inflation, energy prices, and inflation expectations remain decisive; the latest articles add context but no policy change.