ECB - interest rate cut by 25 basis points to 2.5 %. "Monetary policy is becoming noticeably less restrictive." - Lagarde.
BoE - Interest rates are expected to fall by a further 75 basis points to 3.5 % by the end of the year.
Fed - Rate cuts are uncertain as rate chaos looms over the US economy. There may be no cuts this year.
Will European equities outperform US equities overall this year? They have been doing so since the beginning of the year. That would be a remarkable performance.
