Citigroup stated that it is expected that the Bank of England will begin a continuous interest rate cut in August 2025, which was previously predicted to occur in May. (Jinshi)
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Citi: The Bank of England is expected to start cutting interest rates in August 2025
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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.
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White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates
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The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.
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Social media platform "X" has been fined €120 million by the European Union for violating content regulations.
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