‘Ugly’ jump in US inflation, driven by gasoline prices, in blow to Trump before midterm elections – as it happened

Rolling coverage of the latest economic and financial news, including the IMF meeting in Thailand, the IEA’s new oil market report, and US inflationFull story: US inflation rose to 3.7% in SeptemberGlobal financial system is failing developing countries, says Ed MilibandUK government borrowing costs are dropping this morning, which will please John Healey and the IMF alike!The yield, or interest rate, on UK 10-year bonds is down 3.5 basis points to 5.4%, while thirty-year bond yields are 3bps lo