Data released by the U.S. Labor Department on the 12th showed that the U.S. consumer price index, or CPI, rose 3.7%。September core CPI, excluding food and energy prices, rose 4.1%。Given the continued easing of U.S. inflationary pressures, financial markets generally expect the Fed's current round of rate hikes to be nearing completion。Since this week, the Fed's vice chairman, governors and a number of Federal Open Market Committee members have said that rising U.S. bond yields have weakened the need for further rate hikes。The latest market in the U.S. federal funds rate swap market shows that the probability of the Fed raising interest rates by 25 basis points in November has fallen below 10%。