FTSE 100 : Fed’s move sparks market cheer, BoE holds breath

London’s FTSE 100 surged 0.9% by 9am on Thursday, riding the wave of a 50 basis point rate cut by the Federal Reserve. Across Europe, the mood is equally buoyant: Paris’s CAC 40 climbed 1.2%, Frankfurt’s DAX 40 rose 0.7%, and the EuroStoxx 50 advanced 1%.
The Federal Reserve has trimmed the federa…
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