US Markets (Sept 14): Fed rate hike probability hits 90%, AI leaders call for development slowdown

U.S. stocks rebounded last Friday, but futures dipped on Monday as AI industry leaders, including OpenAI CEO Sam Altman and Anthropic (Anthropic) CEO Dario Amodei, called for a slowdown in frontier model development. OpenAI has also delayed its IPO. Meanwhile, the probability of a Federal Reserve rate hike this week has risen to nearly 90% following higher-than-expected core CPI data. The U.S. federal budget deficit has reached $1.97 trillion, with interest payments exceeding $1 trillion. In the energy sector, oil prices remain volatile due to supply concerns in the Middle East. Bitcoin is trading at approximately $78,342, and Ethereum is at $2,478.