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Started in 1792, State Street (STT) represents one of the largest asset management companies globally, managing a total of 2.45 trillion USD. This Fortune 500 company bears responsibility for the administration of 11% of the world’s financial assets. In partnership with institutional investors all over the world, State Street provides comprehensive financial services, including investment research, trading and servicing, as well as investment management. Included on the S&P 500 index, the State Street share price is set and traded on the NYSE.
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?
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