🚨 Breaking News: The Bank of England has just slashed interest rates to 4% from 4.25% in a razor-thin 5-4 vote—the fifth cut in a year! This move aims to ease economic pressures amid rising inflation concerns from food prices. Borrowers rejoice as mortgages could get cheaper, but savers might feel the pinch.
Eyes now on the Federal Reserve: With markets betting big on a September rate cut (95% chance for 25bps), could the Fed follow suit next? Investors are buzzing about potential relief for the US economy too. What do you think—bullish for stocks or more volatility ahead?