TODAY'S MARKET INTELLIGENCE
Goolsbee Warns AI Demand Overheating May Drive Inflation; Market Cuts Oct Rate Hike Odds to 25%
English summary
Chicago Fed President Goolsbee called September US inflation disappointing, stating that price rises driven by overheated AI-related demand must be addressed. Although CPI and PPI data support the possibility of an October rate hike, investors' priced probability has dropped from 40% to 25%, with the Dollar Index at 102.06.
The English text is machine translated and may require verification against the Chinese version.
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