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News 2026-10-16 14:40 UTC

Fed Divisions and AI Debt Risks Shape Rate Outlook

Sree Kochugovind said recent UK data has surprised to the upside, showing resilience against a challenging global backdrop. However, labor-market figures point to expectations of near-flat conditions over the next quarter and early next year, while global risks could weigh on growth. He expects the October 28 budget to