Investors geared up for the release of another key inflation report on Wednesday morning.
Securities and Exchange CommissionTraders are anticipating a key economic report on Wednesday morning: August's consumer price index. Economists polled by Dow Jones expect the headline CPI to have risen 0.2% from the previous month and 2.6% from a year earlier.
"I think what we're going to see next week is a Fed that gives us a 25-basis-point rate cut because to give us a 50-basis-point cut will set off alarm bells and would also be an admission of guilt," said Kristina Hooper, chief global market strategist at Invesco, on CNBC's"
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