The BoE's Monetary Policy Committee voting member Ian McCafferty urged the central bank to raise interest rates now if it intends to keep further rate increases smooth and steady to minimise the disruption to consumers and businesses.
The number of US housing starts surprisingly rose in September, while building permits dropped more than expected.
The Euro zone's current account surplus narrowed in August following the decline in the preceding month, according to the European Central Bank.
The Reserve Bank of Australia reiterated its view that a weak Australian Dollar and record low interest rates helped to rebalance the nation's economy and strengthen the labour market.
Britons' confidence rebounded strongly to a record high in three months through September, as rising wages made consumers more secure about their jobs, business advisory firm Deloitte's latest report showed.
As the Fed is moving closely to ensure its dual mandate of stable prices and maximum employment is met, it should raise interest rates in the near future despite strong headwinds from overseas, San Francisco Fed President John Williams said.
French President Francois Hollande said France's economy would expand 1.1% this year, compared with the previous government forecast of 1%.
Bank of Japan Governor Haruhiko Kuroda said that consumer prices excluding fresh food and energy are climbing more than 1%, indicating the overall inflation trend is steadily improving.
Canada's manufacturing sales declined in August following three monthly increases in a row, StatsCan reported. However, the decline appeared to be less than economists had predicted.
The world's second biggest economy posted its weakest quarterly economic growth since the global financial crisis, building pressure on policy makers to slash interest rates further and deploy additional support measures to avert "hard landing".
US consumer sentiment bounced back strongly in October despite headwinds from a strong US Dollar and sluggish demand that weighed on the industrial sector, particularly manufacturing.
The Euro zone slipped again into deflation, Eurostat confirmed the earlier estimate. Consumer prices in the currency bloc recorded negative growth for the first time since March, adding to signs that the ECB's ongoing stimulus programme might not be sufficient to support the region's economy and return inflation to the targeted level of just below 2%.
Even though low borrowing costs are likely to inflame the housing market, Reserve Bank of New Zealand Governor Graeme Wheeler hinted that further interest rate cuts were on table even as recent fundamentals have been more positive.
The Reserve Bank of Australia expressed once again its concerns over a build-up risk in the property market, but tighter lending standards as well as $18 billion of new equity capital raised by Australia's largest lenders this year made the system safer.
New Zealand's inflation rose at a stronger pace than economists had expected, but held below the central bank's target range for a fourth quarter, adding to signs Governor Graeme Wheeler will slash interest rates again.
The US annual inflation dropped the most in eight months in September, weighed down by cheap fuel, according to data released by the Bureau for Labor Statistics.
Japan's industrial production dropped for the second consecutive month in August, indicating the world's third biggest economy continued to falter. Output from manufacturers, mines and utilities declined 1.2% over the month in August, according to the final data from the Ministry of Economy, Trade and Industry.
Australian job growth dropped in September, but a decline in the participation rate helped to keep the unemployment rate steady. The nation's jobless rate was 6.2% last month, in line with economists' expectations.
The UK jobless rate dropped to the lowest level in seven years in August, while proportion of people in employment rose to the highest level since records began in the 1970s.
Sales at US retailers rose modestly in September after being flat in August, the Commerce Department reported. Retail sales climbed 0.1%, against economists' expectations for a 0.2% growth.
Industrial production in the Euro zone dropped in August, adding to signs that slowdown in China as well as downturn in other emerging economies are starting to taking their toll on the currency bloc's economy.
Even though low borrowing costs are likely to inflame the housing market, Reserve Bank of New Zealand Governor Graeme Wheeler hinted that further interest rate cuts were on table even as recent fundamentals have been more positive.
Consumer inflation in China rose at a slower pace than expected in September, while producer prices remained in deflation.
Australia's consumer confidence improved this month following the Federal Government leadership change.