LONDON (AP) — The Bank of England kept its main interest rate unchanged at 4% on Thursday with policymakers indicating that they need more information on how swiftly inflation will fall back towards their target. Thursday’s decision by the nine-member rate-setting body to maintain Bank Rate — a benchmark for mortgages as well as consumer and business loans — was widely anticipated, though some economists thought there was a chance that borrowing rates would be reduced by a further quarter of a percentage ...

>> NEWSMAKERS AND MARKET MOVERS, THIS IS "THE PULSE WITH FRANCINE LACQUA. " FRANCINE: GOOD MORNING, EVERYONE. WELCOME TO "THE PULSE. " THE U.S. SUPREME COURT APPEARS SKEPTICAL PRESIDENT TRUMP'S SWEEPING GLOBAL TARIFFS AS JUSTICES SUGGESTED HE HAD OVERSTEPPED HIS AUTHORITY WITH SIGNATURE ECONOMIC POLICY. IN THE HEARING YESTERDAY, THE COURT HINTED IT WAS READY TO PUT SIGNIFICANT LIMITS ON TRUMP'S FAR-REACHING AGENDA. LET'S GET YOU BRENDAN MURRAY THE OUR TRADE COVERAGE HERE. TO TARIFFS OR NOT TARIFF, I THOUGHT ...

Core Insights - McDonald's reported a 2.4% growth in US same-store sales for Q3, but CEO Chris Kempczinski warned of reduced spending from low-income customers despite value meal offerings accounting for 30% of transactions [1] - Cava has lowered its same-store sales growth forecast to 3-4% from 4-6%, citing decreased visits from younger diners aged 25-34 due to economic pressures [2] Company Performance - Cava's same restaurant sales accelerated from 16.5% to 20% on a two-year basis, but saw a slight decline of 1.9% year-over-year [7] - Cava opened 17 new restaurants in the quarter, bringing the total to 415, marking an 18% year-over-year increase [9] - Cava maintains guidance for 68-70 net new restaurants this year and projects a compound annual unit growth rate of at least 16% for next year [11] Market Trends - The fast-casual dining sector is experiencing intense discounting, with 30% of restaurant transactions tied to discounts in the past year [12] - Cava has taken less than half the aggregate price increase compared to industry peers, with a 17% increase versus an average of 34% in the industry [13] Consumer Behavior - Younger diners are facing economic challenges such as student loan repayments and increased living costs, leading to reduced restaurant visits [8] - Cava has managed to grow its market share within the younger demographic despite a decrease in visit frequency [9]

Key TakeawaysThe Bank of England is widely expected to hold its key interest rate at 4% today, November 6, 2025, amidst a finely balanced decision influenced by persistent inflation and a weakening economy.Russian President Vladimir Putin has ordered officials to prepare proposals for a potential resumption of nuclear testing, a direct response to former U.S. President Donald Trump's recent statements regarding new U.S. atomic trials, signaling heightened geopolitical tensions.A significant U.S. study revea ...

Brazil held its key interest rate unchanged at a near two-decade high on Wednesday, underscoring the central bank’s resolve to stay tough on stubborn inflation. https://t.co/A7sf1jhYYf ...

Malaysia is poised to keep its benchmark interest rate unchanged on Thursday, with stable growth, benign inflation and a strengthening ringgit allowing the central bank to preserve policy ammunition https://t.co/P0NdguTczs ...

Core Viewpoint - The Supreme Court is hearing a case regarding the constitutionality of President Trump's tariffs, which are deemed critical for the U.S. economy and national security [1] Tariffs and Economic Impact - The tariffs have significantly reduced imports from China and raised hundreds of billions of dollars for the U.S. government [2][3] - The administration has alternative measures available if the Supreme Court rules against the tariffs, ensuring continued revenue generation and support for reindustrialization [3] Economic Weakness and Monetary Policy - There are acknowledged weaknesses in the economy, particularly in the housing sector, attributed to high mortgage rates and low affordability [5][6] - The Federal Reserve's restrictive monetary policy is seen as a barrier to economic growth, particularly in manufacturing [7][8] Inflation and Energy Prices - The tariffs have not led to the expected inflationary pressures, which has affected the credibility of the Federal Reserve [10][11] - Energy prices have decreased under the current administration, contributing to lower inflation expectations and potentially aiding affordability [12][13] Wage Growth and Tax Benefits - The economy is projected to experience a "blue-collar boom," with wages rising faster than inflation, contrasting with previous administrations [14] - Significant tax refunds are anticipated due to changes in tax policy, which will benefit American workers, particularly in the blue-collar sector [15]

Welcome back to Schwab Impact here at the Colorado Convention Center. Interest rates, they've been rising since Fed Chair Pal's more hawkish comments during last week's news conference. Kathy Jones is Schwab's chief fixed income strategist and joins us now.It's good to see you. >> Hi, Scott. >> What do you make of the back up in rates.>> You know, I think the market just got way over its skis and expectations for Fed easing. I'm not really sure why because the data weren't really that compelling. Um but now ...

Welcome back to Schwab Impact here at the Colorado Convention Center. Interest rates, they've been rising since Fed Chair Pal's more hawkish comments during last week's news conference. Kathy Jones is Schwab's chief fixed income strategist and joins us now.It's good to see you. >> Hi, Scott. >> What do you make of the back up in rates.>> You know, I think the market just got way over its skis and expectations for Fed easing. I'm not really sure why because the data weren't really that compelling. Um but now ...

Market Overview - Risk appetite has weakened, impacting the crypto market with a market value of digital assets around $3.45 trillion and a Fear and Greed Index at 20, alongside liquidations exceeding $2 billion in a single day [1] - Bitcoin fell below $100,000 for the first time since June, while Ethereum dropped below $3,100, indicating a broader trend of deleveraging in the market [3] Liquidity and Positioning - Stressed positioning has altered the mix of liquidity providers, slowing the pace of spread tightening, which means rebounds often rely on fresh cash rather than mechanical squeezes [2] - The environment of patience in policy communication from the Federal Reserve has diminished the appeal of long-duration exposures, leading to tighter inventory limits among dealers [4] Market Dynamics - When both growth stocks and crypto decline simultaneously, hedges tend to migrate into listed instruments first, followed by cash selling as liquidity decreases, increasing the risk of price breaks during transitions between time zones [5] - The structure of the market has turned stress into liquidations, with open interest decreasing as long positions hit margin limits, leading to forced selling and wider spreads [6] Stablecoin Activity - Stablecoin flows mirrored market trends, with a slowdown in creations and an increase in redemptions, resulting in fewer spot bids to absorb forced sales, indicating a reduction of leverage in the system [7]