The price of subsidising offshore wind and building and managing the grid has increased sharply, driven by supply chain inflation and the rising cost of financing major capital projects. Sky's Paul Kelso explains why this has led to higher energy prices for consumers. | Sky News

Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats, minutes released Wednesday showed. Officials expressed skepticism about the need for an additional cut that markets had been widely anticipating, with “many” saying that no more cuts are needed at least in 2025. Read more: cnb.cx/4icKqxN | CNBC

99 reactions · 13 shares | REMINDER: Every single House Democrat voted to worsen inflation, waste taxpayer dollars on Biden’s Green New Deal agenda, and increase IRS audits on middle-class Americans. “That is exactly what we do NOT need right now.” - Rep. Elise Stefanik on Democrats’ Inflation ‘Expansion’ Act | House Republicans | Facebook