As expected, the Federal Reserve (Fed) reduced US interest rates by 25 basis points to a range of 4% to 4.25% at the Federal Open Market Committee’s (FOMC’s) September meeting, taking the key federal funds rate to their lowest level since December 2022. This was the Fed’s first rate cut Read the full article…
If you have a money purchase pension (also known as a personal or defined contribution pension), the pension provider will normally send you an annual pension statement, detailing the current value of your pension, any contributions added over the past year and the projected value at your chosen retirement date. Read the full article…
Bank of England policymakers reduced the UK base rate by a further 0.25 percentage points to 4.0% at their August meeting. This was the third interest rate reduction of 2025, following cuts in May and February, and the fifth cut since August 2024, when the rate stood at 5.25%. The Read the full article…
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Share prices declined sharply in early April following “Liberation Day” – US President Donald Trump’s plan to “liberate” the US from the perceived unfairness of trading arrangements with the rest of the world. The US subsequently rolled back on tariffs ranging from 10% to 50%, announcing a 90-day pause for Read the full article…