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The US Federal Reserve has voted to keep interest rates unchanged as new figures show inflation climbing to its highest level in three years. The decision keeps borrowing costs at their current level despite persistent price pressures. Analysts are watching closely for signals on when the central bank might move, with the combination of a rate pause and rising inflation fueling debate about the economy's direction.

Morningstar examines whether the AI boom is driving inflation and argues the picture is more complicated than headlines suggest. The analysis weighs AI's role in pushing up demand for energy, chips and data-center construction against countervailing factors like productivity gains and falling computing costs, concluding that AI's inflationary impact is real but limited and uneven across the economy.

Iran's central bank says the country's inflation rate eased slightly in September, according to figures reported by Iran International. The announcement comes as Iranians continue to grapple with a cost-of-living crisis worsened by currency depreciation and sanctions. Any decline in price growth is being watched closely, though inflation remains high in absolute terms.

A Green Bay Packers fan is speaking out after a 'pulse check' moment tied to Lambeau Field spread rapidly across the internet, prompting widespread reaction and discussion among NFL fans. The fan has now publicly addressed the attention, though details of what was said remain limited as coverage continues to circulate online.

Investors and analysts are watching upcoming U.S. jobs and inflation reports for signals on whether the Federal Reserve will raise interest rates in October. Market expectations hinge on the data, with strong employment or persistent price pressures likely to strengthen the case for another hike, while softer readings could keep the central bank on hold.

Swiss National Bank chairman Martin Schlegel said the central bank is in a comfortable situation regarding inflation, speaking in an interview with Swiss broadcaster SRF. The remarks suggest Swiss price pressures have eased enough that policymakers see no urgent need to act, reinforcing expectations that the SNB can hold its current monetary policy stance in the near term.

The Central Bank of Egypt has revised down its inflation forecasts while keeping its key interest rates unchanged. The decision signals that policymakers see price pressures easing, but prefer to wait for more evidence before loosening monetary policy. Economists are weighing what the improved outlook means for the timing of future rate cuts and for Egypt's broader economic reform programme.

Former Fed governor Kevin Warsh criticized the Federal Reserve's 2020 monetary policy framework, arguing its average inflation targeting approach invited persistent price pressure. He said the Fed was not the first central bank to seek 'a little more inflation and end up with a lot more', a warning aimed at the framework's role in the post-2020 inflation surge.

Beth Hammack, president of the Federal Reserve Bank of Cleveland, said she is concerned that inflation expectations among consumers and businesses could worsen if price pressures persist. Her comments add to a debate within the US central bank over how long to keep interest rates elevated while policymakers wait for clearer evidence that inflation is returning to the 2% target.

OpenAI is paying influencers and sponsoring creators on platforms like Instagram to promote ChatGPT and shape a public image of the company as 'good for the world', according to Business Insider reporting on its marketing strategy. The move signals a shift toward conventional brand advertising as competition over AI users intensifies. Critics see it as image management rather than substance, while others view it as a normal step for a company reaching a mass consumer market.

Big technology companies are assessing physical security risks as the conflict involving Iran escalates, with the Strait of Hormuz identified as the center of the crisis. Analysts point to immediate impacts on global markets and growing concerns over energy supply, as the strait remains a critical route for oil shipments and infrastructure tied to the tech industry's operations and data centers in the region.