Re: "report surely puts the nail in the coffin of a Fed rate hike"
That may be if they're chickens. "The sky is falling, the sky is falling!" Or, perhaps just cowards not wanting to take some political "heat". A 0.25% hike is "baked in" and would do no harm.
Alex
"There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge."
-- Isaac Asimov