The Fed are expected to reduce their base rate from 1.5% today. Markets rallied on Wall Street yesterday and have opened up sharply across Europe.
The ECB and the BoE meet next week to decide on interest rates. Will there be another co-ordinated rate move today? Expect to see it announced at PM's questions if it is happening. Not that it is a political decision of course.
The costs of net zero
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The net zero enthusiasts tell us the costs of net zero will be low. They
say a net cost of around 1% -2% of 2050 GDP. They decline to put an annual
cash co...
16 hours ago
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