Not so fast on rate hikes, some Fed officials say

Federal Reserve Chair Kevin Warsh’s speech in Jackson Hole had influenced expectations for an interest-rate hike at the central bank’s mid-September meeting. But comments from two influential Fed officials have since complicated that outlook. With August jobs and inflation data scheduled to come out before the meeting in roughly two weeks, the question of whether policymakers will tighten remains finely balanced. The decision will hinge on how incoming data and internal perspectives line up ahead of the next meeting.