<img src="https://www.telegraph.co.uk/content/dam/business/2024/07/04/TELEMMGLPICT000382721240_17201019119010_trans_NvBQzQNjv4BqgsaO8O78rhmZrDxTlQBjdGLvJF5WfpqnBZShRL_tOZw.jpeg" /><br><div> <head> <meta charset="UTF-8"/> <meta name="viewport" content="width=device-width, initial-scale=1, user-scalable=yes"/> <meta name="apple-itunes-app" content="app-id=388947468"/> <title>Trader bets £2m on biggest interest rate cut in four years</title> <!-- Google Services (Subscribe) --> <!-- Last Replicated: --> <link rel="dns-prefetch" href="https://polyfill-fastly.io"/> <link rel="dns-prefetch" href="https://static.telegraph.co.uk"/> <link rel="dns-prefetch" href="https://assets.adobedtm.com"/> <link rel="dns-prefetch" href="https://experience.tinypass.com"/> <link rel="dns-prefetch" href="https://cdn.petametrics.com"/> <link rel="dns-prefetch" href="https://telegraphmedia.bootstrap.fyre.co"/> <link rel="preload" as="font" crossorigin="crossorigin" type="font/woff2" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui/dist/static/resources/fonts/austin-news-uprights-vf-basic-web.woff2"/> <link rel="preload" as="font" crossorigin="crossorigin" type="font/woff2" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui/dist/static/resources/fonts/Telesans-Text-Web-Regular.woff2"/> <link rel="preload" as="font" crossorigin="crossorigin" type="font/woff2" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui/dist/static/resources/fonts/doric-news-uprights-vf-basic-web.woff2"/> <link rel="shortcut icon" type="image/x-icon" sizes="16x16" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/favicon.ico"/> <!-- Versions for modern browsers --> <link rel="icon" type="image/svg+xml" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/favicon.svg"/> <link rel="icon" sizes="196x196" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/favicon-196x196.png"/> <link rel="apple-touch-icon" sizes="180x180" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/apple-touch-icon-180x180.png"/> <!-- Safari pinned tab icon --> <link rel="mask-icon" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/favicon.svg" color="#333333"/> <meta name="msapplication-TileColor" content="#2c769d"/> <meta name="msapplication-TileImage" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-144x144.png"/> <!--/* IE 11 Tile for Windows 8.1 Start Screen */ --> <meta name="msapplication-tooltip" content="The Telegraph"/> <meta name="msapplication-config" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/browserconfig.xml"/> <meta name="msapplication-square310x310logo" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-310x310.png"/> <meta name="msapplication-wide310x150logo" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-310x150.png"/> <meta name="msapplication-square150x150logo" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-150x150.png"/> <meta name="msapplication-square70x70logo" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/core/resources/icons/mstile-70x70.png"/> <meta name="theme-color" content="#ffffff"/> <link rel="stylesheet" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui.lc-003effb7fb6de929cb703c7b6a306140-lc.min.css" type="text/css"/> <!-- Load Sourcepoint stub --> <!-- Load Sourcepoint payload --> <link rel="stylesheet" href="https://www.telegraph.co.uk/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/fonts-italic.lc-74f8f3d5f9a42a449787b66c770ee233-lc.min.css" type="text/css"/> <link rel="canonical" href="https://www.telegraph.co.uk/business/2024/07/04/ftse-100-markets-latest-uk-news-french-stock-rebound-pmis/"/> <meta name="description" content="A money markets trader has placed a £2m bet on the Bank of England making the biggest interest rate cut in four years next month after inflation fell back to its 2pc target."/> <meta name="keywords" content="Global economy,Pound,Business,Dow Jones Industrial Average,Cost of living crisis,UK economy,FTSE 100"/> <meta name="tmgads.channel" content="business"/> <meta name="tmgads.section" content="business-2024"/> <meta name="tmgads.zone" content="business.2024.07.04"/> <meta name="tmgads.articleid" content="A23n5n7ZBkxz"/> <meta name="tmgads.pagetype" content="story"/> <meta name="tmgads.level" content="5"/> <meta name="tmgads.otherdata"/> <meta name="tmgads.geo" content="CA"/> <meta name="tmgads.keywords" content="Global economy,Pound,Business,Dow Jones Industrial Average,Cost of living crisis,UK economy,FTSE 100"/> <meta name="DCSext.Channel" content="business"/> <meta name="DCSext.Category" content="2024"/> <meta name="DCSext.Genre" content="07"/> <meta name="DCSext.MLC" content="/business/2024/07/04"/> <meta name="DCSext.articleId" content="A23n5n7ZBkxz"/> <meta name="DCSext.Content_Type" content="story"/> <meta name="DCSext.Level" content="5"/> <meta name="DCSext.author" content="Chris Price; Tim Wallace; Alex Singleton"/> <meta name="DCSext.articleFirstPublished" content="2024-07-04 07:31"/> <meta name="DCSext.cf" content="0"/> <meta name="DCSext.cd" content="0"/> <meta name="DCSext.cn" content="0"/> <meta name="DCSext.pd" content="1"/> <meta property="og:title" content="Trader bets £2m on biggest interest rate cut in four years"/> <meta property="og:description"/> <meta property="og:type" content="article"/> <meta property="og:site_name" content="The Telegraph"/> <meta property="og:url" content="https://www.telegraph.co.uk/business/2024/07/04/ftse-100-markets-latest-uk-news-french-stock-rebound-pmis/"/> <meta property="og:image" content="https://www.telegraph.co.uk/content/dam/business/2024/07/04/TELEMMGLPICT000382721240_17201019119010_trans_NvBQzQNjv4BqgsaO8O78rhmZrDxTlQBjdGLvJF5WfpqnBZShRL_tOZw.jpeg?impolicy=logo-overlay"/> <meta name="twitter:title" content="Trader bets £2m on biggest interest rate cut in four years"/> <meta name="twitter:url" content="https://www.telegraph.co.uk/business/2024/07/04/ftse-100-markets-latest-uk-news-french-stock-rebound-pmis/"/> <meta name="twitter:image" content="https://www.telegraph.co.uk/content/dam/business/2024/07/04/TELEMMGLPICT000382721240_17201019119010_trans_NvBQzQNjv4BqgsaO8O78rhmZrDxTlQBjdGLvJF5WfpqnBZShRL_tOZw.jpeg?impolicy=logo-overlay"/> <meta name="twitter:site"/> <meta name="twitter:description"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="tmgads.businessSegment" content="business"/> <meta name="tmg.sponsor"/> <meta name="DCSext.campaignId"/> <meta name="DCSext.campaignStart"/> <meta name="DCSext.campaignEnd"/> <meta name="DCSext.sponsored" content="false"/> <meta name="tmg.premium.override" content="true"/> <meta name="tmg.premium.state" content="false"/> <meta name="premiumContentOnFirstPublish" content="false"/> <meta property="article:content_tier" content="free"/> <meta property="fb:pages" content="143666524748"/> <meta property="fb:pages" content="1438053159792450"/> <meta property="fb:pages" content="1069269459751990"/> <meta property="fb:pages" content="985629951556153"/> <meta property="fb:pages" content="121391718031592"/> <meta property="fb:pages" content="187451147952038"/> <meta property="fb:pages" content="244632882562393"/> <meta property="fb:pages" content="1443454839014980"/> <meta property="fb:pages" content="551022578388741"/> <meta property="fb:pages" content="534435549980003"/> <meta property="fb:pages" content="751195545009382"/> <meta property="fb:pages" content="116941904987458"/> <meta property="fb:pages" content="285329994977070"/> <meta property="fb:pages" content="122346694516955"/> <meta property="vf:container_id" content="A23n5n7ZBkxz"/> <meta property="article:opinion" content="false"/> <meta property="vf:url" content="https://www.telegraph.co.uk/business/2024/07/04/ftse-100-markets-latest-uk-news-french-stock-rebound-pmis/"/> <meta name="tmg.pt" content="1720112852846"/> <meta name="theme-color" content="#072A3A"/> <meta name="msapplication-navbutton-color" content="#072A3A"/> <meta name="robots" content="max-snippet:-1,max-image-preview:large,max-video-preview:-1"/> <meta name="tmg.app" content="false"/> <meta name="tmg.isAdLite" content="false"/> <!-- comScore Identifier: comscorekw=business --> <!-- MarTech (Target) --> </head> <body class="segment--business " data-test="body" id="wp_automatic_ReadabilityBody"> <a href="#main-content" hidden="" aria-hidden="false">Jump to content</a> <!-- Adding the condition for a standard article that is not a comment, review, or recipe for RESKIN PURPOSES --> <main id="main-content" class="container tpl-live-blog " itemtype="https://schema.org/Article" itemscope=""> <meta itemprop="mainEntityOfPage" content="http://www.telegraph.co.uk/business/2024/07/04/ftse-100-markets-latest-uk-news-french-stock-rebound-pmis/"/> <meta itemprop="isAccessibleForFree" content="true"/> <span itemscope="" itemprop="publisher" itemtype="https://schema.org/Organization" aria-hidden="true"> <meta itemprop="name" content="The Telegraph"/> <span itemscope="" itemprop="logo" itemtype="https://schema.org/ImageObject"> <meta itemprop="url" content="/etc.clientlibs/settings/wcm/designs/telegraph/core/clientlibs/ui/dist/static/resources/images/the-telegraph-logo.png"/> <meta itemprop="width" content="150"/> <meta itemprop="height" content="26"/> </span> </span> <article class="grid"> </article></main></body> </div> <br><a href="https://www.telegraph.co.uk/business/2024/07/04/ftse-100-markets-latest-uk-news-french-stock-rebound-pmis/">Source link </a>