What the new Labour government means for your money

Now that the dust has settled on the election we can take stock of what a Labour win will mean for your finances

SPXL Aug 2024 147.000 put

OPR - OPR Delayed price. Currency in USD

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2.8000

-0.4000

(-12.50%)

At close: 11:31AM EDT

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Investing.com
Fed's Bostic expects one rate cut in 2024, as many as four in 2025
Raphael Bostic, the President and Chief Executive Officer of Federal Reserve Bank of Atlanta, stated that a potential cut in the federal funds rate could occur in the fourth quarter of this year, emphasizing a data-driven approach to future policy decisions.
Investing.com
Fed’s Barkin wants more evidence on inflation before rate cuts
Thomas Barkin, President of the Federal Reserve Bank of Richmond stressed the need for further clarity on the inflation path before considering lowering interest rates.
Investing.com
Attention to this expert: What if there is no rate cut in the U.S. in 2024?
Investing.com - Markets are tense Wednesday due to two key events: the U.S. Consumer Price Index (CPI) for May and the interest rate decision by the U.S. Federal Reserve (Fed).