ECB cuts interest rates to 2.75% as central banks diverge
Follows the Federal Reserve’s decision to hold the Fed Funds rate at 4.25-4.5%
Macro News
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‘Has the Fed made a mistake?’: Weak US jobs data sparks recession concerns
S&P 500 fell 1.84% on Friday following the report, while Japan’s Nikkei 225 dropped over 12% on Monday
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‘A tentative start’: Bank of England cuts interest rates to 5%
MPC voted 5-4 in favour of a 25bps cut
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Federal Reserve holds rates in July decision
Industry anticipates September rate cut to come
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‘If we cannot afford it, we cannot do it’: Chancellor Reeves hints at tax rises as she sets Budget date
Chancellor placed the blame for a £20bn ‘black hole’ in public finances on the Conservative Party
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French election: ‘Worst-case scenario’ avoided, but fresh uncertainty looms
‘It’s possible that asset allocations to France will be permanently reduced’, says Carmignac’s Frederic Leroux
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Weekly Outlook: Currys and AO World full-year results
Key events for wealth managers for the week beginning 24 June
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Bank of England holds rates at 5.25% for June
Industry commentators discuss hold decision
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Weekly Outlook: Federal Reserve interest rate decision
Key events for wealth managers for the week beginning 10 June
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Weekly Outlook: Kingfisher and JD Sports to report
Key events for UK wealth managers for the week starting 25 March
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Weekly Outlook: Persimmon and challenger banks to report
Key events for UK wealth managers for the week starting 11 March
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January’s US CPI surprise leaves May rate cut in doubt
3.1% headline figure came in 20bps above consensus expectations