Footsie falters ahead of Fed's rates call
Evening Standard|September 18, 2024
DECISION day on the long-awaited opening cut in US interest rates today kept London traders in defensive mode during a poor session for the FTSE 100 index.
Graeme Evans
Footsie falters ahead of Fed's rates call

In the hours before to night’s announcement, Wall Street was still split over whether the Federal Reserve chaired by Jerome Powell, would move by a more forceful 0.5%.

Deutsche Bank said: “You’d have to go back over 15 years to find such an uncertain situation this close to the decision. A lot of money will be made and lost today.”

Rates are at a 23-year high of 5.25%5.5%, with the Federal Reserve keen to avoid having policy in restrictive territory for too long now that inflation is under control.

Diese Geschichte stammt aus der September 18, 2024-Ausgabe von Evening Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der September 18, 2024-Ausgabe von Evening Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS EVENING STANDARDAlle anzeigen
Vamos Rafa! It's time to go for Spain's brave warrior
The London Standard

Vamos Rafa! It's time to go for Spain's brave warrior

'Shy and funny' Nadal bows out as sport's ultimate competitor

time-read
2 Minuten  |
November 21, 2024
Does Angeball have a winning future at Spurs?
The London Standard

Does Angeball have a winning future at Spurs?

Head coach divides supporters with his ultra-attacking tactics

time-read
5 Minuten  |
November 21, 2024
The £5bn-a-year tax timebomb that's set to devastate London hospitality
The London Standard

The £5bn-a-year tax timebomb that's set to devastate London hospitality

The capital will bear the brunt of Rachel Reeves’s National Insurance raid

time-read
4 Minuten  |
November 21, 2024
Live like a Queen...
The London Standard

Live like a Queen...

...in the house gifted to Anne of Cleves by Henry VIII in 1540 and now onsale for 3.75 million

time-read
3 Minuten  |
November 21, 2024
At home with...Matthew Williamson
The London Standard

At home with...Matthew Williamson

The designer’s Belsize Park flatis a grand canvas for his ever-changing colour palette

time-read
5 Minuten  |
November 21, 2024
Hidden London
The London Standard

Hidden London

The first time I made my way to Maison Assouline was with a broken foot, in a tragic boot and crutches.

time-read
3 Minuten  |
November 21, 2024
Jameela Jamil on why New York will always have her heart...
The London Standard

Jameela Jamil on why New York will always have her heart...

..and her stomach. The actor and activist shares her favourite brunch spot, a secret bar and her brownstone fantasies

time-read
6 Minuten  |
November 21, 2024
The London Standard

My life in bespoke suits

Back in the Eighties, suits were so wide that even the shoulder pads had shoulder pads. Suits back then were boxy, square, and designed to make you look like a quarterback, a bouncer or a tank.

time-read
4 Minuten  |
November 21, 2024
Cher's wild world
The London Standard

Cher's wild world

The singer's memoir is full of jaw-dropping tales

time-read
4 Minuten  |
November 21, 2024
'I was told I could stay in the UKthen kicked out of my asylum accommodation'
The London Standard

'I was told I could stay in the UKthen kicked out of my asylum accommodation'

As our appeal hits 1m, we turn the spotlight on an official policy that’s making newly recognised refugees homeless

time-read
7 Minuten  |
November 21, 2024