FATF adopts the US mutual evaluation and a scam-compound report, Treasury says
The plenary under the UK presidency also agreed a targeted review of jurisdictions with longstanding weaknesses in virtual-asset supervision.
Dollar
US Treasury refunding sells 125 billion dollars, makes the 7-year a quarterly issue
Coupon auction sizes stay unchanged for several quarters, the cash balance may peak at 1.025 trillion dollars and buybacks run to 95 billion.
US Treasury tells its borrowing panel Q3 GDP grew 3.4%, led by a 20.9% jump in equipment
The economy statement for the Treasury Borrowing Advisory Committee also reports payrolls averaging 51,000 a month and net exports subtracting 3.3 points from growth.
US Treasury expects to borrow $618 billion this quarter and $800 billion in January to March
The 2 November estimates assume cash balances of $850 billion at end-December and $1 trillion at end-March; refunding details follow on 4 November.
US holdings of foreign securities rose to $19.3 trillion at end-2025
Final annual survey data put equity at $15.2 trillion, up from $12.1 trillion a year earlier; the Cayman Islands, the UK, Canada and Japan top the country list.
US PCE inflation reaches 3.6% in September as real spending stalls
Prices rose 0.5% in the month and core 0.3%; nominal spending grew 0.5% but real consumption was flat, real disposable income fell 0.3% and the saving rate was 3.8%.
US GDP grew 3.4% in the third quarter as PCE prices slowed to 2.1%
The advance estimate shows investment, consumer spending and federal outlays rising; final sales to private domestic purchasers grew 4.9%, and core PCE prices rose 2.5% annualised.
Fed holds at 3.75–4%; Cook and Hammack dissent in favour of a hike
The 10–2 statement calls inflation elevated and activity strong, and says more information will guide a timely return to 2%; it gives no hint of a cut.
Treasury proposes COINS Act outbound investment rule and adds biotechnology
The 22 October proposal would require notice of some US investments in adversary-linked tech firms and ban others, across semiconductors, AI, quantum, supercomputing, hypersonics and biotech.
FOMC minutes show the AI buildout entering the Fed's inflation story on two fronts
The record of the September meeting puts PCE inflation at 3.8% and names AI-related investment as both a driver of goods prices and a source of Treasury supply lifting yields.