London stocks jump after Fed rate cut; BoE policy verdict eyed | Republic World

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Published 13:42 IST, September 19th 2024

London stocks jump after Fed rate cut; BoE policy verdict eyed

The Fed eased interest rates by a larger-than-usual 50 basis points on Wednesday, with Chair Jerome Powell citing easing inflation.

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Reported by: Thomson Reuters

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Fed seen nearly as likely to cut rates by 50 bps as 25 bps

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13:42 IST, September 19th 2024