Suddenly, Wall Street cares about inflation again. After taking a backseat to the jobs report earlier this year, inflation data will take center stage next week as investors try to discern whether the Federal Reserve will cut in September. The latest consumer price index is set to release Tuesday, and the producer price index is due out Thursday. Other economic data such as retail sales is also on deck. A quarter-point cut is widely anticipated at next month's Fed meeting, fed funds futures pricing shows. But, any suggestion that inflation is getting away from the central bank's 2% target, just as the labor market shows significant weakening, will add to stagflation fears, and thwart that outlook. "The most important thing is the CPI data," said Jay Woods, chief global strategist at Freedo
Stock market next week: Outlook for August 11

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