Global Stocks Rise to Record on US Interest-Rate Cut Bets
Green day. A global stock index rose to a record after US inflation data fueled speculation the Federal Reserve will have room to cut interest rates next month. European equity futures gained. Some traders are betting heavily on an outsized Fed move. US Treasury Secretary Scott Bessent suggested the central bank should to be open to a 50 basis-point reduction. Check out our Markets Today live blog for all the latest news and analysis relevant to UK assets.
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