Three sitting Fed policymakers, Hammack, Kashkari and Logan, are now on record favoring a rate hike after dissenting at the July meeting, while small-business optimism hit an 11-month high of 99.8. Wednesday's CPI print becomes the tiebreaker for September policy.
NFIB small-business optimism climbed to 99.8 in July, above its 52-year average of 98.0, with hiring plans leading the rebound. Source
