A hold in the US, but the devil is in the details

This week Joann Spadigam, Kevin Cummins and Ian Vanderhorn focus on the Federal Reserve's decision to hold rates in the US. They analyse the stance on interest rates, inflation and labour market conditions, as well as the US Treasury's borrowing plans. Lastly they discuss European bond curves and share their views on whether the Bank of England will cut rates next week. Remember to hit subscribe so you can listen to the latest episodes in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.This episode was recorded on 31 July 2025For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.htmlPlease view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html