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Marketmind: CPI to set the tone

Even with a looming policy decision from the European Central Bank on Thursday, Wednesday's U.S. inflation data are likely to be the most important macro input for markets this week ahead of the Fed's September rate announcement. The data are expected to show that consumer prices increased by 0.6% in August, the most in 14 months, driven by a surge in the cost of gasoline, but the focus could well fall on the core measure, which strips out volatile food and energy prices. Such a move...
Rhys Herbert Christina Fincher Jerome Powell Samuel Indyk Lloyds Bank European Central Bank On
Source: yahoo.com

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