Blowout Jobs Report Puts September Fed Rate Hike Back on the Table

A stunning August jobs report has thrown the Federal Reserve's September meeting into a state of high alert. The U.S. economy added 162,000 jobs, nearly triple the 53,000 forecast, sending a clear signal that the labor market is running hot and making inflation the primary battleground for the central bank.

Trade Routes

• U.S. Labor Market: Payrolls surged to 162,000 in August, with the unemployment rate holding steady at 4.1%, while revisions added 55,000...