Stocks and Investing
Stocks and Investing
Thu, December 19, 2024
[ 10:01 PM ] - The Motley Fool
[ 09:21 PM ] - Motley Fool Australia
[ 08:41 PM ] - Motley Fool Australia
[ 07:41 PM ] - Seeking Alpha
[ 03:21 PM ] - Yahoo
[ 02:21 PM ] - Business Insider
[ 12:21 PM ] - The Motley Fool
FTSE 100 closes lower and US rebounds following Fed rate cut scare and BoE hold
- Overnight, ten Federal Reserve officials estimated two interest rate cuts next year, fewer than four seen in September
The article from Yahoo Finance UK discusses the anticipation surrounding the Bank of England's interest rate decision, expected to be announced later in the day. The FTSE 100 index has shown a slight increase, reflecting cautious optimism among investors. Key points include the potential for the Bank to raise rates to combat persistent inflation, which remains above the target despite recent declines. Analysts are divided, with some expecting a 25 basis points hike to 5.5%, while others speculate a pause to assess the economic impact of previous rate increases. The article also touches on the broader economic context, mentioning the UK's economic growth, the impact of higher borrowing costs on consumers and businesses, and the ongoing debate about the timing and extent of monetary tightening. Additionally, there are mentions of other financial news, including corporate earnings, stock movements, and global market trends influencing the UK market.
Read the Full Yahoo Finance Article at:
[ https://uk.finance.yahoo.com/news/ftse-100-live-bank-of-england-interest-rates-084133476.html ]
Read the Full Yahoo Finance Article at:
[ https://uk.finance.yahoo.com/news/ftse-100-live-bank-of-england-interest-rates-084133476.html ]
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