Rolling coverage of the latest economic and financial news Good morning and welcome to our rolling coverage of business, the financial markets and the world economy. President Donald Trump has hit out at Jamie Dimon, the billionaire boss of JPMorgan , saying he was “wrong” to suggest he was undermining the independence of the US central bank. I think it’s fine what I’m doing. And we have a bad Fed person”. Everyone we know believes in Fed independence. And anything [that] chips away at that is probably not a great idea, and in my view, will have the reverse consequences. It’ll raise inflation expectations and probably increase [interest] rates over time.” I think he’s wrong.” We’ve secured a record-breaking 8.4GW of offshore wind, enough to power the equivalent of over 12m homes. This is the largest amount of offshore wind procured in any auction ever in Britain or indeed Europe. With these results, we are taking back control of our energy sovereignty. It’s a historic win for those who want Britain to stand on our own two feet, controlling our own energy rather than depending on markets controlled by petrostates and dictators. It is a significant step towards clean power by 2030. The price secured in this auction is 40% lower than the alternative cost of building and operating a new gas plant. Clean, homegrown power is the right choice to bring down bills for good, and this auction will create thousands of jobs throughout Britain.” 8:00am GMT: Bank of England’s Alan Taylors speech at the National University of Singapore 9:00am GMT: Launch of the World Economic Forum’s Global Risks Report 2026 11:00am GMT: Wells Fargo full year results 11:45am GMT: Bank of America full year results 1:00pm GMT: Citigroup full year results Continue reading...