Big US interest rate cut in the balance, with UK set to hold
Monday, 16 September 2024 Financial market participants are increasingly of the opinion the US central bank will impose a bigger than expected interest rate cut this week, with the Bank of England holding off on a fresh reduction.
The future of the UK economy is weaker and more uncertain due to President Trump's tariffs and conflict in the Middle East, the Bank of England has said. Sky News
President Biden commented on the Federal Reserve’s recent interest rate cut during remarks at the Economic Club of Washington Thursday. Veuer’s Matt Hoffman has the story.