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"The new Federal Reserve News Agency": The CPI exceeding expectations puts greater pressure on the Federal Reserve to remain inactive in October, but there are no signs that officials will change their interest rate decision plans.

The AI data center boom is driving up inflation, and Fed rate hikes may have difficulty cooling it down.

The market fully expects the Federal Reserve to raise interest rates two more times by the end of next January.

U.S. 30-year Treasury yield breaks above 5.62%, rising 5.8 basis points on the day