Wall Street is bracing for a busy week of inflation-related data releases. On Wednesday, the highly anticipated Consumer Price Index (CPI) report is due, followed by Initial Jobless Claims and Producer Price Index (PPI) data on Thursday.

Against the backdrop of the weaker-than-expected August jobs report, and with the Federal Reserve set to make its next interest rate decision this month, Yahoo Finance markets reporter Josh Schafer breaks down how this new economic data could influence the Fed's upcoming policy move.

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This post was written by Angel Smith