Fed Seen Raising Rates By 'At Least' 75 bps - WSJ's Timiraos

The WSJ's Nick Timiraos, considered a mouthpiece of the Fed, notes today's hot inflation numbers "clinches the case for the Federal Reserve to lift interest rates by at least 0.75 percentage point" at the September meeting.

Some economists are already out calling for a 100 bps hike.

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