AGP Executive Report
Last update: an hour agoInflation and Rates: Hotter-than-expected U.S. October inflation sent stocks lower and lifted bets on another Fed rate increase in December. Consumer prices rose 0.4% for the month, while core inflation climbed 0.3%. China Trade: China’s surplus topped $1 trillion in the first 10 months of 2026, reaching $1.04 trillion as exports—especially technology goods—surged. Imports also jumped, though October surplus growth slowed. UK Outlook: Bank of England deputy governor Clare Lombardelli said another rate rise may be needed “in the near term” if inflation pressures persist, with energy costs adding to the risk. Airlines: High fuel prices are prompting European carriers to trim winter schedules and temper growth plans, raising the prospect of pressure on fares and industry profitability.
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