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CPI, Presidential race, can Senate flip

On Wednesday at 8:30 before the markets open the government will release the CPI number for July.  For a Federal Reserve that maintains it remains data driven this could be a very big number.  During the roller-coaster ride from markets last week there was some pressure for the Fed to act, but the central bank held steady. 

At his press conference after the July FOMC meeting Chair Powell made clear that a cut at the September meeting, “was on the table.”  Yet Chair Powell ...

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