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Founded in 1836, Schneider Electric is an international leader in digital transformation of energy management and automation. A Fortune Global 500 company, Schneider Electric has presence in more than 100 countries. The company specialises in power management and automation systems and provides integrated efficiency solutions, combining automation, energy and software. Headquartered in Rueil-Malmaison, France, Schneider Electric has a team of 144,001 employees. Included to the Euro Stoxx 50 and CAC 40 indices, the Schneider Electric share price (SU) is set and traded on the Euronext exchange.
Markets expect a 25bp rate cut at the FOMC meeting on December 18, 2024, amid strong U.S. economic data. However, the outlook for 2025 remains uncertain as inflation and growth trends evolve.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
12:28, 12 December 2024
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