Stocks Surge to Two-Year High as Market Anticipates Rate Cut
Britain’s domestically-focused stocks reached a two-year peak as traders increased their expectations for the Bank of England to lower interest rates for the first time in four years. The FTSE 250 index, which tracks midcap stocks, climbed 0.6% to 21,486.01, marking its highest point since February 2022, driven by growing optimism in financial markets. Similarly, […] More