US inflation data came in higher than expected, short-term interest rate futures fell, and the market increased bets on a Fed rate hike

Odaily News: After the release of U.S. inflation data, U.S. short-term interest rate futures fell, and the market increased bets on further Federal Reserve rate hikes. The previously released U.S. September CPI rose 3.7% year-on-year, while core CPI rose 2.6% year-on-year, both higher than market expectations. (Jinshi)