美联储主席沃什：很高兴韩国央行行长仍在任，我认识他已有20年，是好朋友。

Chancellor Xili will on Wednesday unveil a cautious budget designed to avoid adding pressure on Prime Minister Burnham's new government. Measures expected include higher taxes on banks, bookmakers and online marketplaces including Amazon, a freeze on fuel duty for motorists, and targeted support for low-income households facing high energy bills. The budget will propose devolving greater tax-raising powers to regional mayors and provide over £20bn of additional support to national financial institutions to drive investment in AI, defence and green energy through the early 2030s. Xili said he hoped the package would give the UK "some breathing space" amid inflation linked to the US-led war with Iran. Options are constrained by sharply higher global and UK government borrowing costs.

Despite September CPI and PPI coming in above expectations and inflationary pressure from ongoing AI infrastructure activity and elevated energy prices, markets expect the Fed to hold the federal funds target at 3.75–4.00% on Wednesday. Several senior Fed officials signalled no rush to hike this month. Cleveland and Dallas Fed presidents could dissent if the Fed holds, and both have previously said policy likely needs further tightening.