Fed lowers key interest rate
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The value of single-family homes in the U.S. as measured by repeat transactions rose 1.5% in August compared to a year earlier.
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming?
Guernsey's rate of inflation slowed to 3.3% between June and September, according to the latest figures from the States of Guernsey. The figure, based on the Retail Price Index (RPI), is down from 5.1% a year earlier and 0.6 percentage points lower than in June 2025.
The Central Bank of Turkey cut its benchmark rate to 39.5% from 40.5%.