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Fed’s Rate-Cut Shift, BOJ Expected to Hold Rates | The Opening Trade 12/19
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December 19, 2024
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1:36:13Now PlayingStocks tumbled 3% and bonds plunged too, sending yields on benchmark 10-year Treasuries to their highest in seven months. Almost exactly one year after sparking a furious rally in financial markets, Federal Reserve Chair Jerome Powell did the exact opposite on Wednesday, staking out a cautious view on interest-rate cuts in 2025 that stunned investors. The Bank of England is expected to keep easing gradually in 2025. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
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