FTSE 100 to remain calm after Fed-inspired shake-out on Wall Street

Financial Markets Online > Financial Markets Online > FTSE 100 to remain calm after Fed-inspired shake-out on Wall Street

The US central bank duly delivered its first interest rate cut in a decade but two members of the policy-making committee were not in agreement with the decision.

US markets fell off a cliff yesterday following the Federal Reserve’s first rate cut in a decade but UK investors are in more sanguine mood.

Ahead of today’s Bank of England rate decision and August inflation report, the FTSE 100 was expected to open just three points lower at 7,584.

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