FTSE 100 Live 12 June: Index up 1% as US inflation declines, Fed holds
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2024
0mins
Source: Yahoo Finance
- US interest rate outlook: Focus on US interest rates amid European market strength.
- Federal Reserve decision: Federal Reserve holds interest rates as expected, citing solid economic activity and low unemployment.
- Raspberry Pi IPO: Raspberry Pi achieves unicorn status after successful London IPO.
- US inflation reading: US inflation declines, potentially opening the door to a Fed rate cut.
- Legal & General strategy update: Legal & General announces a strategy update and lower shares due to the update.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
