FTSE 100 falls back from record high as BoE chief economist warns against cutting interest rates too soon – business live

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FTSE 100 falls back from record high as BoE chief economist warns against cutting interest rates too soon – business live - short news

Rolling coverage of the latest economic and financial news, as FTSE 100 hits alltime high of 8076 points

Full story: FTSE 100 hits record high as shares rise amid hopes of interest rate cuts

The London stock market is benefitting from expectations that interest rates will be cut sooner in the UK than in the US.

The Financial Times reports this morning that some traders are building up bets that the US Federal Reserve will raise interest rates higher, as inflationary pressures in..

Read more on The Guardian

source: The Guardian - 23.04.2024