Fed's Williams: Inflation Still Too High, More Tightening Needed
New York Fed President John Williams said inflation remains too high and the Fed needs to tighten further, supporting expectations for a December rate hike.
3 h ago12 min read
UK Economy Posts Stronger-than-Expected Growth in September
UK GDP grew 0.2% in September, beating the 0.0% forecast, with services and industrial output also exceeding expectations.
12/11/2026 07:113 min read
- UK gross domestic product increased by 0.2% in September on a monthly basis, beating forecasts for no change
- The prior month's reading was revised up to +0.1%
A sector-by-sector look at the data:
- The services sector grew by 0.2% month-on-month, versus expectations of a flat reading
- That compares with 0.0% in the previous month
- Industrial production rose 0.3% month-on-month, while a 0.3% decline had been anticipated
- This follows a prior increase of 0.8%
- Manufacturing output climbed 0.7% on the month, well above the projected 0.5% drop
- This compares with a 1.2% gain previously
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