Ahead of CPI, Claudia Sahm says the key question is what inflation outcome could put a Fed rate hike back on the table. She points to the June FOMC minutes as t

Ahead of CPI, Claudia Sahm says the key question is what inflation outcome could put a Fed rate hike back on the table. She points to the June FOMC minutes as the best guide to the Fed’s reaction function, with recent inflation news more favorable.