Comment & Analysis
FTSE slips as Bank of England gears up for bumper rate rise
The FTSE 100 fell as global markets digested the latest US interest rate hike, heaping pressure on the Bank of England, which is increasingly expected to raise the base rate by 0.75% today. The blue-chip index dropped 0.5%, or 34 points, to 7,203 following yesterday’s 0.75% hike by the Federal…
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