11 February 2025
Bank of England cuts rates: how low can they go? – Download Chart of the week
The Market Place – Download Market Data
- Last week, US financial markets experienced heightened volatility due to President Trump’s new tariffs. The S&P 500 and Dow Jones Industrial Average fell. Investors are concerned about potential inflation and global trade tensions.
- The Bank of England cut interest rates to 4.5% amid downgraded growth forecasts, with inflation set to peak at 3.7%, nearly double the government’s target. The FTSE 100 reached record highs.
- Economic expectations for the next six months increased, crossing the zero line for the first time since July, however European companies expressed concerns over potential US tariffs under President Trump’s trade policies.
- Last week, Asian financial markets experienced mixed performances amid global trade tensions. The yen strengthened to a two-month high, reflecting investor caution, however the Chinese yuan weakened to a 14-month low against the US dollar.
