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The Reserve Bank of Australia's decision was in line with expectations from economists polled by Reuters, and marked its fifth rate increase this year.

The 2027 budget will rise 12.8% to 820.9 trillion won, and will include a 21.3 trillion won investment into semiconductors, physical AI and AI data centers.

Euro zone economy slows to 0.4% growth in Q3 as crisis-hit France contracts

European Central Bank keeps key interest rate on hold at 2.5%

The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.

ECB President Lagarde to stand down in Februrary

The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.

Even though the interest-rate vote went as expected, there were a few surprises out of this week's Federal Open Market Committee meeting.

Treasury Secretary Scott Bessent joined CNBC for an interview on Oct. 28, 2026.

The U.K. budget cuts household energy costs, raises taxes on banks and directs billions toward defense, Ukraine and artificial intelligence ...