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Fed Braces as Another Big US Inflation Number Looms: Eco Week

  • Investors await follow-up to last month’s market-shaking data
  • Large rate hikes expected in Canada, New Zealand, South Korea
A shopper reaches for cottage cheese inside a grocery store in San Francisco, California.

A shopper reaches for cottage cheese inside a grocery store in San Francisco, California.

Photographer: David Paul Morris/Bloomberg
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US inflation data in the coming week may stiffen the resolve of Federal Reserve policy makers to proceed with another big boost in interest rates later this month.