FTSE 100 : London’s post-Fed euphoria fizzles out

The Bank of England maintained a steady hand yesterday, holding interest rates at a firm 5.00%, unfazed by the Federal Reserve’s aggressive fifty basis point rate cut. The ripple effect of this prudence was felt across European markets, with the EuroStoxx 50 and Stoxx 600 both succumbing to a 0.6% a…
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