Fed Holds Steady, Bank of England Cuts Rates, Markets Rally on Trade Hopes

In today's episode, we explore the Federal Reserve's decision to maintain interest rates amid economic uncertainty, while the Bank of England opts for a rate cut due to US tariff concerns. We also delve into Wall Street's rally fueled by optimism over a new US-UK trade deal, and the cryptocurrency market's surge as Bitcoin hits a milestone. Join us for these stories and more on Simply News Radio.

Sources:
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https://www.federalreserve.gov/newsevents/pressreleases/monetary20250507a1.htm
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