cut?
@melson:
The UK stock market has hit an intraday record high, lifted by hopes of interest rate cuts and easing geopolitical tensions, after setting a new closing high on Monday. The FTSE 100 index touched 8,076 points at the opening bell on Tuesday, surpassing a previous high of 8,047 reached in February 2023. (source:guardian) on the us side, fed officials are not confident inflation is coming down below their 2% target. historically, the fed is slow to increase interest rate when inflation is creeping up and slow to cut rates when market is already at risk of recession. $FTSE 100(.UKX.UK)$ pnf shows a new high. investors will most likely be buying up for fear of missing out. ukx is the leading indicator of the us market. the us market may not f