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Hot US inflation revives October Fed hike fears | Morning Bid
Hotter-than-expected inflation revives debate over whether the Fed could raise rates this month. AI-linked stocks tumble as rising borrowing costs heap pressure on indebted companies like CoreWeave and Oracle. And oil markets remain on edge as traders weigh the impact of conflict in the Middle East and Ukraine's renewed attacks on Russian energy infrastructure. Read the story here: Keep up with the latest news from around the world: Follow Reuters on X:
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- hotter-than-expected inflation revives
- fed hike fears
- ai-linked stocks
- fed could raise
- october fed
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Markets brace for key US inflation report | Morning Bid
Investors await September inflation data that could show prices rising at nearly twice the Fed's target, testing whether policymakers can hold off on further rate hikes. Plus China's exports surge again, putting the country on course for another trillion-dollar trade surplus this year. And Wall Street's biggest banks reveal how rising bond yields are affecting their business. Read the story here: Keep up with the latest news from around the world: Follow Reuters on X:
Framing
- await september inflation
- china's exports surge
- rising bond yields
- fed's target testing
- markets
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