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HomeNews UKFTSE 100 Live: Bank of England holds rates at 5.25%, London shares...

FTSE 100 Live: Bank of England holds rates at 5.25%, London shares jump

Richard Garland, chief investment strategist at Omnis Investments, said: “The ECB is unlikely to change deposit rates at this meeting, so no surprises here, but like the Bank of England, they keen to manage market expectations of future interest rates. Cut. The recent sharp decline in inflation is making that job more difficult and, for now at least, central banks are being ignored in their efforts to tame market expectations of interest rate cuts next year. 2024.”

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