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UK Chancellor Healy said few would dispute that Brexit has been detrimental to the UK.

2026-10-15

UK Chancellor Healy said few would dispute that Brexit has been detrimental to the UK.

Other News
2026-10-14

1. Overall CPI Accelerates: Overall CPI rose 0.6% month-over-month, in line with economists' expectations, and 3.7% year-over-year, accelerating from 3.4% in the previous month. More than half of the monthly increase came from gasoline, whose price s

1. Overall CPI Accelerates: Overall CPI rose 0.6% month-over-month, in line with economists' expectations, and 3.7% year-over-year, accelerating from 3.4% in the previous month. More than half of the monthly increase came from gasoline, whose price surged 9.1%. 2. Core CPI Exceeds Expectations: Core CPI rose 0.3% month-over-month, exceeding market expectations. The year-over-year increase accelerated to 2.6%, the fastest pace since June. Increases were widespread, including entertainment, used cars, airfares, and healthcare. 3. AI and Tariff Effects: Large increases in some categories reflect both the AI effect and the impact of tariffs. Year-over-year, computer and software prices rose 9.7% and 28.4% respectively, both record highs. Toys rose 6.6% year-over-year, the largest increase since 1988. 4. Real Wages Shrink: Inflation continues to hit workers. Today's data means that real average hourly wages fell 0.7% last month, the largest drop since May. Real income has shrunk for six consecutive months, the longest losing streak since the cost of living surged from 2021-2023. 5. The probability of a rate hike has surged: Following the data release, the likelihood of a Fed rate hike within two weeks has skyrocketed, with the market fully anticipating two more rate hikes by the end of January next year.
2026-10-15

Japanese Economy and Fiscal Policy Minister Minoru Shirou: Short-term sharp fluctuations in the foreign exchange market should be avoided.

Japanese Economy and Fiscal Policy Minister Minoru Shirou: Short-term sharp fluctuations in the foreign exchange market should be avoided.
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