US interest rates news boosts FTSE

The FTSE 100 Index moved back above the 5800 barrier today as investors welcomed the latest round of news from the United States over interest rates.

US interest rates news boosts FTSE
Fri, 30 Jun, 2006 - 14:44

The FTSE 100 Index moved back above the 5800 barrier today as investors welcomed the latest round of news from the United States over interest rates.

Global stockmarkets rallied after comments from the US Federal Reserve suggested it may pause for breath after increasing the cost of borrowing for the 17th month in a row last night.

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