Fed's Collins said there is ample reason to keep policy rates unchanged at the October FOMC meeting.

Federal Reserve report: risk to fiscal debt sustainability rose two ranks to become the fifth-largest risk to the financial system.

China's National Data Bureau said on Nov. 10 an on-site meeting in Xiamen called for accelerating the build-out of high-quality datasets and the data-annotation industry. It said model firms' demand has shifted from simply having data to having the right, sufficient, high-quality data, and urged a demand-led, scenario-first approach to convert real-world scenario advantages into data advantages, then into model capability and industrial competitiveness. The bureau outlined a methodology — one main line, four stages, one closed loop — with a scenario-driven mainline and four stages: demand definition, data governance, professional annotation and quality evaluation, forming a continuous 'data flywheel'. It also stressed that professional data annotation is key to improving dataset quality.