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September Rate Hike Likely After Friday's Jobs Report, Goldman Sachs' Hatzius Tells CNBC

NEW YORK (TheStreet) -- Despite Friday's jobs report coming in below expectations, it increases the probability of the Fed hiking rates at its September meeting, Goldman Sachs chief economist Jan Hatzius said on CNBC's "Squawk on the Street" on Friday morning.

On Friday the Bureau of Labor Statistics reported that the U.S. economy added 151,000 jobs in August, below analysts' expectations of 180,000 jobs. The unemployment rate sat at...