Market Update – September 2025
Executive Summary Fed cuts rates for the first time in 2025, easing to 4.0–4.25% as inflation moderates. U.S. tariffs face Supreme Court scrutiny, adding policy risk and market volatility. UK holds base rate at 4.0%, citing sticky inflation; QT scaled back to calm gilt markets. Global equities mixed: U.S. lifted by Fed cut, UK and [...]