Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats, minutes released Wednesday showed. Officials expressed skepticism about the need for an additional cut that markets had been widely anticipating, with “many” saying that no more cuts are needed at least in 2025. Read more: cnb.cx/4icKqxN | CNBC

The latest official inflation figures have been released by the Office for National Statistics, and it's mixed news for the Chancellor Rachel Reeves. With just a week to go until her budget, the figures show that inflation has eased but by less than expected. ＠richardgaisford has more detail. | Good Morning Britain