US

The US president has branded Liz Truss’s original economic plan as a “mistake” amid continued criticism of the prime minister’s fiscal policies. Speaking to reporters from an ice cream parlour in Oregon, Joe Biden said he “wasn’t the only one who thought it was a mistake” and called the poor outcome of the government’s mini-budget
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US inflation dropped to 8.2% over the 12 months to September. The US Bureau of Labor Statistics (BLS) said the consumer price index (CPI), the measure of inflation, was down from 8.3% in the year to August. A greater fall to 8.1% had been predicted by a Reuters poll of economists. The US central bank
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