Oh joy! | MarketTalk: What’s up today? | Swissquote

The Fed began easing its monetary policy with a big, fat 50bp cut. The markets first didn’t know what to make out of the decision, but the bulls are back in joy since yesterday: the S&P500 and Dow Jones trade at record high, the dollar is under pressure. Fed’s optimism that inflation will deal with itself is cool, but it’s a view that the Bank of England (BoE) policymakers didn’t share yesterday when they almost all voted to skip an interest rate cut in the UK this month – despite softening inflation in the UK as well. Listen to find out more!