US EditionMarket Report: Footsie Shows Resilience Amid Tariff Threats, While Bitcoin Races to a Fresh High
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Business news live: Bitcoin hits new high, interest rates cut hint and EU tariff threat
Bank of England hint at new interest rates cutWith interest rates at 4.25 per cent, there have been calls for the Bank of England to lower the base rate more quickly from some quarters.Andrew Bailey, the BoE governor, says that other people have asked why they are coming down at all however, given inflation remains
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headlinemoney.co.ukMarket report: Footsie shows resilience amid tariff threats, while bitcoin races to a fresh high
Susannah Streeter Fresh round of tariff missives send European indices lower. FTSE 100 shows resilience amid hopes for interest rate cuts. China’s efforts in forging new trading partnerships helps exports. Bitcoin hits a fresh record high as Congress is poised to debate the crypto regulatory framework. Oil prices elevated over new Russian sanctions expectations. Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’A fresh tariff…
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