Bank of England expected to leave UK interest rates on hold today after jumbo Fed rate cut – business live

Bank of England expected to leave UK interest rates on hold today after jumbo Fed rate cut – business live

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.

Continue reading… 

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