Co-ordinated rate cuts
Well helicopter Ben is at it again. I only wish I woke up earlier this morning to pickup more FTSE in the 4245 area. ECB and BOE cut rates too.
How it now stands
BOE 5% -> 4.5%
ECB 4.25% -> 3.75%
Fed Funds 2% -> 1.5%
Where we go from here I don’t know. It’s a traders market. Make sure you take your profit when its on that shiny platter.
