FTSE 100 Could Rally to New All-Time High if BOE Signals More Rate Cuts -- Market Talk

Dow Jones
05 Feb

0912 GMT - The U.K. FTSE 100 index could rise to a new all-time high if the Bank of England signals additional future interest-rate cuts during Thursday's rate decision, Capital.com's Daniela Sabin Hathorn says in a note. "A BOE rate cut could renew investor interest in U.K. stocks," she says. The FTSE 100 reached a new high of 8692.84 on Jan. 31. Any hints of more interest-rate cuts could reignite a U.K. equities rally, Hathorn says. (miriam.mukuru@wsj.com)

 

(END) Dow Jones Newswires

February 05, 2025 04:12 ET (09:12 GMT)

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