INFLATION TAKES CENTER STAGE AFTER STRONG JOBS REPORT BlackRock’s Jeff Rosenberg says strong August jobs data shifts attention to next week’s CPI report and the Fed’s September rate decision. Payrolls rose 162,000, beating forecasts and pushing Treasury yields higher. Rosenberg expects the Fed to hold rates if inflation keeps easing. The bigger risk is rising energy costs feeding into core inflation. Even a 25-basis-point hike is unlikely to significantly shake stocks or credit markets.(*Walter Bloomberg)