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The week ahead in economics: Fiscal showdown prep, the Fed pick, and inflation

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With President Obama vacationing on Martha’s Vineyard and Congress in its second week of August recess, the biggest action in economics policy is once again happening off stage. While immigration is the hottest topic in town halls across the country, both Republicans and Democrats are keenly aware that a budget showdown is waiting just a few weeks after the House of Representatives returns to...

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