The Globe and Mail reports in its Monday, Sept. 9, edition that the volatile activity that has characterized September so far may continue, as investors are on edge ahead of key macro events that could influence trading in the upcoming weeks. A Reuters dispatch to The Globe reports that investors are now focusing on U.S. employment and economic growth, but the upcoming consumer price data, set to be released on Sept. 11, could still have a significant impact. The markets are still uncertain about how much the Federal Reserve will need to cut rates at its meeting on Sept. 17-18, making every data report crucial. If the evidence shows that inflation remains strong, it could argue against a 50-basis-point rate cut, which is currently seen as less likely than a 25-basis-point reduction. Conversely, a substantial drop in consumer prices could be seen as a sign that economic growth is slowing more than expected, potentially leading to a larger rate cut. Economists surveyed by Reuters anticipate that inflation will have risen by 0.2 per cent in August, matching the rise seen in the previous month.