US markets are focused on the Federal Open Market Committee (FOMC) meeting scheduled for Sept. 16 as inflation remains more persistent than expected. The consumer price index rose 3.4% in August from a year earlier, matching forecasts but remaining well above the Federal Reserve’s 2% target. Core CPI, which excludes food and energy, increased 0.3% from the previous month, exceeding the 0.1% market expectation. The data suggest disinflation is not advancing quickly enough for the Fed to adopt a more accommodative stance in the near term. New York stocks have remained resilient despite higher Treasury yields, supported by corporate earnings, rising artificial-intelligence investment and concentrated demand for technology shares. Investors are also watching whether Federal Reserve Chair Kevin Warsh maintains the inflation-focused, more hawkish tone he used at Jackson Hole. Separately, concerns about the risks of rapidly developing AI technology, including warnings that it could move beyond human control, are renewing attention on possible regulatory debate.