Good morning and welcome to Monday's Money Minute, where we look ahead to this week's biggest financial stories.
On Tuesday in the US, Federal Reserve chairman Jerome Powell speaks to the National Association for Business Economics.His speech will be pored over for hints as to what the Fed might do at its next interest rate setting meeting at the end of this month.
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Over in Japan on Tuesday, we get the latest update on wage inflation. Wages have been grown strongly in Japan recently, at least compared to overall inflation.
The week also holds a slew of data from Germany, the eurozone's biggest economy.On Monday we get factory orders for August, and then on Tuesday, we get industrial production figures.The German manufacturing sector is clearly in a downturn, and the latest data is unlikely to show any hint of an upturn.
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Millions at risk of 'unnecessary' tax bill – how to shield your savingsMillions of Brits could be taxed on their savings interest this year as their savings interest exceeds the personal savings allowance. Are you at risk?
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Savers will have to wait as long as 48 years to build a £1m cash ISA pot if allowance is cutChancellor Rachel Reeves is rumoured to be planning a cut to the cash ISA allowance in the Autumn Budget, making it harder for savers to build wealth. Will you still be able to build a £1 million cash ISA pot?
