Not so fast on rate hikes, some Fed officials say

Following Federal Reserve chairman Kevin Warsh's speech at Jackson Hole, market speculation was high for an interest rate hike in mid-September. However, influential officials have now cast doubt on this outlook. With critical August jobs and inflation data pending just before the policy meeting, the Fed's decision remains uncertain. Some Fed leaders are pushing for a rate increase to tackle inflation, but the economic context may not yet justify such a move.