‼️ BREAKING: China’s producer prices rose 5% in September—the fastest pace in over four years—driven by higher fuel costs, beating Reuters’ 4.5% forecast and August’s 3.8%. Consumer inflation edged up to 0.9% from 0.8%, just below the 1% expected.
‼️ BREAKING: Singapore’s central bank unexpectedly left monetary policy unchanged as it expects both the global energy crunch and the artificial-intelligence boom to ease up next year
‼️ New York Fed President John Williams sees one more rate hike this year but none in 2027, urging policymakers to focus on underlying inflation amid energy and AI-related price shocks. His outlook aligns with the FOMC majority but contrasts with several colleagues and futures traders pricing at least one hike next year.