Central banks
The Fed's implementation note said the Board of Governors "voted unanimously to maintain the interest rate paid on reserve balances at 3.90 percent, effective October 29, 2026".
Trade
Under Section 232, the proclamation says Trump concurs with the Secretary of Commerce's finding that robotics, industrial machinery and their components are being imported "in such quantities and under such circumstances as to threaten to impair the national security of the United States".
Trade
The Budget press release said "Tariffs will be removed from more than 100 products, helping lower import costs on family favourites including baked beans and chocolate, alongside tariff cuts on kerosene and fertiliser to support households and farmers facing higher costs."
Economy
Chancellor John Healey's Budget has a £100 Household Energy Payment in 2027 for up to 20 million households in bands A to D in England, extends the temporary VAT cut on electricity bills to 1 July 2027 and extends the 5p fuel duty cut for a further six months.
Economy
The UK government said the National Living Wage, for workers aged 21 and over, "will rise by 3.9 per cent to £13.21" from April 2027.
Economy
The Census Bureau's advance estimate put September's goods deficit at $134.9 billion, up $2.8 billion from $132.1 billion in August.
Economy
The Census Bureau said the national rental vacancy rate was 7.6% in the third quarter, up from 7.1% a year earlier, and the homeowner vacancy rate was 1.2%.
Economy
Treasury's par yield curve for Wednesday showed the 10-year yield at 5.05%, up from 4.99% on Tuesday, and the 30-year at 5.37%, up from 5.30%.
Companies
Alphabet said revenues "increased 25% to $127.6 billion" in the third quarter, and Google Cloud revenues "increased 103% to $30.7 billion".
Companies
Microsoft said revenue for its fiscal first quarter rose 19% to $92.3 billion and operating income rose 21% to $45.9 billion. Net income was $36.6 billion, up 32% on a GAAP basis, with diluted EPS of $4.92 on a GAAP basis.
Regulation
The Commodity Futures Trading Commission said it will host an industry roundtable on 15 December on the viability of derivatives markets moving to 24/7 trading, covering overnight trading, tokenization, infrastructure and staffing needs, and operational readiness.
Energy
For the week to 23 October, the Energy Information Administration's tables show commercial crude inventories, excluding the Strategic Petroleum Reserve, at 410.6 million barrels, down from 412.5 million.
Lead story
Broadcom said that on 26 October it arranged for financial partners to take on part of its AI-rack purchase agreements, for racks built on its custom AI accelerators, and the related leases with "the Company’s customer", which the filing does not name.
World
The UK told the Security Council that the IAEA Board's referral of Iran last month was "the first time for two decades that the Board has made such a referral".
World
“claimed that U.S. forces have abandoned the Strait of Hormuz by moving hundreds of "kilometers" away”
“FALSE”
“remain present and vigilant”
“U.S. forces and regional partners control the international waterway — clearly not Iran.”
Official post · not independently verified
World
The Ministry of Defence said Defence Secretary Wes Streeting and Polish Defence Minister Władysław Kosiniak-Kamysz agreed the Warsaw Defence Plan, the first phase of cooperation under the UK–Poland Security and Defence Partnership Treaty.
World
The European Commission proposed strengthening Frontex and "turning it into the EU's central actor for returns".
World
EU foreign policy chief Kaja Kallas and Commissioner Marta Kos said Serbians "turned out in historic numbers" on 25 October and that "Voters have given the next government a strong mandate for change."
Central banks
The Federal Reserve's October calendar lists "FOMC Meeting" at 2:00 p.m. (14:00 ET) today, the second day of a "Two-day meeting, October 27 - 28".
Central banks
The Bundesbank said German banks in its Bank Lending Survey tightened credit standards for loans to enterprises in the third quarter, citing higher credit risk.
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