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News 2026-09-10 14:27 UTC

Fed, eyeing inflation data, may lean toward a hike, traders bet

By Ann SaphirThe Federal Reserve is a bit more likely to raise short-term borrowing costs at its meeting next week, traders bet on Thursday, after the first of this week's key inflation reports.Data showed U.S. producer prices rose 5.4% in the 12 months through August, and the country's weekly unem…