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.
Why is there a UK bond crisis? What are gilts and how do they affect taxes
and the budget?
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I am publishing this again as it is live news, for those who did not see it
last time. As someone who studies bonds and sometimes writes about them I
dread...
1 day ago
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