The marquee event of the week for most in the market is almo...

The marquee event of the week for most in the market is almost upon us: U.S. CPI.Recent remarks from Fed officials suggest another pause is the most likely outcome of next week's rate-setting meeting, and economists in a Reuters poll concur, with 94 of 97 ticking the "no change" box.

The consensus estimate for Wednesday's inflation report is 3.6% (overall US CPI YoY in August), up from 3.2% in July and 3.0% in June. The actual number will be...