Markets Close: US Today

60% odds — That's where markets are pricing a September Fed rate hike after Friday's blowout jobs report, making this week's August CPI data (due Wednesday) the single most important number for your portfolio.

Fed Watch: Warsh's Hawkish Shadow

• Chairman Kevin Warsh has signaled the Fed is laser-focused on price stability, telling Jackson Hole that inflation progress has been "modest" — a polite way of saying the 2% target feels like a mirage
• **September...