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What to Watch Next

What to Watch Next

The August jobs report and Thursday’s Producer Price Index land before the next Fed decision. Will tariff-driven inflation finally appear—just as the Fed starts cutting? Markets may get their answer by October. Meanwhile, watch for further controversy over the BLS as new leadership arrives, and for any signs that inflation “calm” is more illusion than reality. For now: Celebrate that your napkin math says prices are stable. Just don’t lose track of the fine print.

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