Inflation corners the Fed

Stubborn inflation has the Fed cornered while AI's biggest leaders call to slow down, two forces reshaping the outlook investors face right now.August inflation ran hot, pushing the market to price a roughly 90% chance of a September rate hike.The Trump administration's push for rate cuts leaves Fed Chair Warsh caught between stubborn inflation and political pressure to ease policy.Leaders of the three largest AI companies jointly called to slow development, warning AI is advancing faster than humans can monitor or control it.