Dollar near eight-day high as US data lifts Fed hike bets

TOKYO, August 27 : The dollar held near an eight-day high on Thursday after U.S. inflation and other economic data slightly lifted expectations of a Federal Reserve rate hike, ahead of the Jackson Hole central bankers' symposium due to begin later in the day.Markets will also look to a speech and press conference by one of the Bank of Japan's two deputy governors, Ryozo Himino, on Thursday for clues on the likelihood of a September rate hike and the size and scope of any tightening path thereafter.The U.S. Commerce Department data showed overnight that the Personal Consumption Expenditures Price Index increased 3.7 per cent in the 12 months through July, unchanged from June and slightly above the 3.6 per cent estimate of economists polled by Reuters. On a month-on-month basis, PCE rose 0.2