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UK government borrowing reached a five-year high in September, official data showed Tuesday, adding pressure to the government ahead of its annual budget. 

A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward. 

Europe, under pressure from US tariffs and the war in Ukraine, is in a strong position to weather the next economic storm, ECB President Christine Lagarde said Thursday.

The US budget deficit narrowed just slightly over the past year, official data showed Thursday -- despite a surge in customs revenues, which hit a record as President Donald Trump imposed wide-ranging tariffs since January.

A top contender to run the US Federal Reserve threw his support Thursday behind a quarter-point rate cut later this month, claiming he believed inflation would soon cool.

The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trum…