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Federal Reserve Governor Waller: The development of artificial intelligence has indeed had an impact on yields.

2026-10-13

Federal Reserve Governor Waller: The development of artificial intelligence has indeed had an impact on yields.

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2026-10-13

UK consumers held back overall spending in September, with most incremental outlays going to fuel while warm weather supported pubs and depressed clothing sales, the British Retail Consortium and Barclays said. The BRC said total retail sales rose 1.

UK consumers held back overall spending in September, with most incremental outlays going to fuel while warm weather supported pubs and depressed clothing sales, the British Retail Consortium and Barclays said. The BRC said total retail sales rose 1.3% YoY in September, up from 0.7% in August but below the 12-month average of 1.5%. Barclays’ card-spend series showed annual growth of 2.0% in September, down from 2.1% in August. Barclays’ household financial confidence index climbed to a seven-month high of 67, yet 68% of consumers said they were concerned about Chancellor John Healey’s Oct. 28 budget and 30% reported cutting discretionary spending.
2026-10-13

The second meeting of the China‑EU Trade and Investment Consultations was held in Beijing; both sides reached a series of consensuses. The China Chamber of Commerce for Import & Export of Machinery and Electronic Products said it fully supports the o

The second meeting of the China‑EU Trade and Investment Consultations was held in Beijing; both sides reached a series of consensuses. The China Chamber of Commerce for Import & Export of Machinery and Electronic Products said it fully supports the outcomes and highlighted agreement in the auto sector. On hybrid vehicles, Beijing and Brussels reached an understanding on trade arrangements—negotiated on principles of mutual respect and equal consultation—that the chamber says accommodates industry concerns, provides a stable, predictable and sustainable trade framework, and reduces the risk of escalation while protecting Chinese firms’ interests. On electric vehicles, the parties reviewed the anti‑subsidy price‑commitment guidance and will continue to advance company price commitments and associated review procedures; the chamber called this outcome positive for Chinese exporters’ legal rights to the EU market.
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