Interest Rate Policy - Bank of England maintains interest rates at 4% [1] Quantitative Tightening (QT) - Bank of England slows the pace of QT to £70 billion [1] Bond Market Strategy - Bank of England will sell fewer long-term gilts, with long-dated bonds accounting for approximately 20% of sales [1] Global Bond Market - Adjustments to central bank balance sheets and the handling of long-term rate issuance are occurring globally [2]

The Fed did cut rates by 25 basis points as widely expected and suggesting two more cuts would come by the end of the year. That was kind of the the median consensus call among the committee. Joining us now, Jeremy Seagull, chief economist at Wisdom Tree and Professor Emeritus of Finance at the University of Pennsylvania's Wharton School of Business.Uh Jeremy, it's good to have you this morning. I I guess we can uh you know, if you if you want to just follow the market's verdict, you often don't get a clean ...

BREAKING: 🇬🇧 BANK OF ENGLAND KEEPS RATES UNCHANGED AT 4%. ...

TOM: [SPEAKING INDISCERNIBLY FAST] I'M TOM MACKENZIE IN LONDON. TWO INJUNCTIONS ARE PENCILLED IN BY HAWKISH J. POWELL.THE BOE FACES BOND MARKET CONCERNS. TRUMP MEETS THE U.K. PRIME MINISTER AFTER CELEBRATING WITH THE ROYAL FAMILY. HAPPY THURSDAY, SO A RISK CUT FROM THE FED AND MARKETS GOT 25 BASIS POINTS, BUT NOT FULL VALIDATION.LOOK AT THE DOT PLOT FOR TWO FURTHER CUTS, BUT THIS IS MEETING BY MEETING AND EU EQUITIES ARE ON THE FRONT FOOT. THE FTSE LOOKING TO ADD 2/10 OF 1%, LOOKING AT DEAL FLOW BETWEEN THE ...

Markets fastidiously try to gauge what the Federal Reserve will do with interest rates, but central bank officials’ projections released Wednesday show even they aren’t sure what’s coming next. https://t.co/NlVG8NPgEH ...

The Federal Reserve’s decision to cut interest rates by just a quarter point will help support the dollar and weigh on currencies across Asia, analysts say https://t.co/Ae85yAA3Jr ...

Tonight, the country's central bank making a long- aaited pivot. With downside risks to employment having increased, the balance of risks has shifted. Fed chair Jerome Powell announcing a quarter point rate cut, the first in nine months, and putting the focus squarely on the softening US labor market.Powell seemingly less concerned than before about the risk of a return to runaway inflation, even though price increases have accelerated over the past four months. Powell acknowledging challenges for the overa ...

Mortgage rates are at the lowest levels we've seen in a year. Well, the Federal Reserve's benchmark interest rate does not directly affect mortgage rates. They are connected.So, how will a cutting cycle affect the housing market. Lawrence Yu, National Association Realtors chief economist is joining me now. Good to see you, Lawrence.We also have the backdrop of uh housing starts which showed some weakness, the lowest since May last month. So, that reflecting one part of the housing market as well. But as the ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here to take you through to the closing bell. With the global simulcast, it starts right now.Carol Massar and Stenovec in the radio booth. Welcome to our audiences across all of our bloomberg platforms here on a Fed day. A Fed day, Carol and Tim, where we got pretty much exactly what the market had expected, though, the market reaction maybe not quite what some were anticipating.Yeah, we were just spending a lot of time tal ...

The central bank has just voted to cut interest rates by a quarter percentage point. This is the first rate cut since December of last year. This is also the first interest rate decision involving President Trump's new pick for Fed Governor Steven Myron.He has taken a temporary leave from his regular post at the White House. Some economists have raised concerns over what this unusual move means for the independence of the central bank. Let's get right to NBC News business and data correspondent Brian Chung. ...