It's Jim Kramer here. You're listening to the opening bell of CBC's Squawk on the Street.

Don't miss a minute of the action.

Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Canton-Away. Jim Kramer, David Faber, Post 9 of the New York Stock Exchange. Today does mark 23 years since the September 11th attacks and memorials are being held around the country today.

You were looking at a live shot from the 9-11 Memorial

in Lower Manhattan, as well as the ceremony at the and memorials are being held around the country today. You were looking at a live shot from the 9-11

Memorial in Lower Manhattan, as well as the ceremony at the Pentagon, and we will have a moment

of silence here at the NYSC this hour. Meantime pre-market is red. August CPI comes in as

expected, although Core runs a 10th hot, our last big print before next week's Fed meeting.

Our roadmap begins with inflation. Watch markets digesting CPI with the decision on rates just a week away.

Also ahead, we'll have a look back at last night's Harris Trump presidential debate.

Both candidates square off occasionally on issues that included the economy.

Plus mortgage rates falling for a sixth consecutive week. Toll Brother

CEO, Doug Yearly, is going to join us right here at Post 9. We're going to talk about the state

of the housing market. Let's begin with some reaction to CPI. We mentioned a Corps running three-tenths,

Jim. Is there some disappointment that you might not get 50 as a result? I got to tell you, we play this game all the time. And it's a little, I think, debilitating because there'll be people who come out and say, oh, not 50. Well, let's sell. And then the other people say, oh, if we had gotten 50, it would have meant that there's something wrong, particularly with what we had yesterday in the banks. I mean, David, when you see something like JP Morgan going down really big and then you see the whole bank group go down, you start thinking, okay, what is out there?

Every time we have that.

And then when you see this close to the Fed meeting, you start saying, what do they know?

And I think that that's another bad game.

The idea that if they did 50, they know something, I think we're just taking, just take as it comes. Yeah. I mean, we're going to get 25, right? Right. But then this morning, there was a lot of commentary about 50 or 25, and I thought that that was. Well, we've got to talk about something. I mean, oh, geez. I mean, by the way, on the banks, which we can talk about and we'll get to, because that was an interesting day yesterday. Well, that's what I thought was. But not necessarily related to things like this, but much more about investment banking revenues, trading revenues, just not coming quite in where at least the analysts who follow

J.P. Morgan, for example, had expected based on what we heard yesterday from Doug Pinto at the Barclays

conference. Can I just talk for saying about Doug Pinto? Sure. Okay, I don't know the ban.

Nor do I. But he sowed a lot of worry and concern that may not be accurate versus the bank itself. Because when I listened to him,

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