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The Federal Reserve's FOMC said domestic spending remains resilient despite elevated uncertainty.

2026-10-29

The Federal Reserve's FOMC said domestic spending remains resilient despite elevated uncertainty.

Other News
2026-10-29

Airbus CEO: If you're looking for bad news, I don't have any.

Airbus CEO: If you're looking for bad news, I don't have any.
2026-10-28

Chancellor John Healey said in his first budget speech on Wednesday that the Office for Budget Responsibility forecasts the UK’s fiscal buffer will shrink by the end of the decade. The OBR projects that in 2029/30 tax receipts will exceed day-to-day

Chancellor John Healey said in his first budget speech on Wednesday that the Office for Budget Responsibility forecasts the UK’s fiscal buffer will shrink by the end of the decade. The OBR projects that in 2029/30 tax receipts will exceed day-to-day spending by £15bn (about $20bn), down from a £24bn buffer the OBR estimated in the March budget update released by former chancellor Reeves. A survey of bond dealers earlier this month, citing higher borrowing costs and pressure on government spending, likewise expected the buffer to fall to £15bn. Healey said the government will meet its fiscal targets.
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