Business, Economics, Stock markets, Bank of England, Federal Reserve, Sterling Business | The Guardian
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate cut todayFederal Reserve cuts US interest rates for the first time in four yearsShares have opened higher in London this morning, as investors welcome last night’s cut in US interest rates.The blue-chip FTSE 100 share index has jumped by 71 points, or 0.85%, to 8,325 points, close to a two-week high. Continue reading…
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate cut today
Federal Reserve cuts US interest rates for the first time in four years
Shares have opened higher in London this morning, as investors welcome last night’s cut in US interest rates.
The blue-chip FTSE 100 share index has jumped by 71 points, or 0.85%, to 8,325 points, close to a two-week high.