EIA: Cushing, Oklahoma crude inventories fell 624,000 barrels in the week to Oct. 23; prior week showed a 987,000-barrel build.

U.S. says it has sanctioned Rwandan financial institutions for supporting the M23 movement.

KPMG chief economist Swoak said Wosh is unlikely to offer further explanation of the Fed's decision at today's press conference. She suggested policymakers may be concerned that tightening too quickly could do “damage” to the economy. She flagged vulnerabilities in the AI boom: mid‑October saw a sharp tech-sector sell-off, and scattered reports say lenders have grown more cautious about extending additional funding to hyperscale companies for AI infrastructure — at least at previous valuation levels.