Global Markets Steady as Powell Signals Imminent Rate Cuts

FTSE 100 gains, dollar weakens ahead of Federal Reserve's anticipated policy shift

FTSE 100 index rises by 0.5%, buoyed by commodity stocks and financial sector gains.
Federal Reserve Chair Jerome Powell indicates the first rate cut is imminent, boosting market confidence.
Bank of England Governor Andrew Bailey notes easing inflation pressures but remains cautious.
Global shares hover near record highs, with mixed performances across regions.
UK consumer confidence holds near a three-year high, despite economic uncertainties.