Interest rates: What to expect in US, UK and Australia

The Fed’s well-anticipated 25-basis point cut had little impact on markets and was overshadowed by the US election results. State Street Global Advisors predict the scope for 2025 Fed easing has narrowed, but it has not closed. Meanwhile, the UK also lowered rates by 25 bps and the BoE confirmed a “gradual approach” to rate cuts, considering the impact of the latest Budget. Read the full article to find out what the rates cuts might mean for your investments.