Interest rate buzz lifts FTSE

The London market shook off opening losses today as a surprise fall in inflation lifted blue-chips.

Interest rate buzz lifts FTSE

The London market shook off opening losses today as a surprise fall in inflation lifted blue-chips.

The FTSE 100 Index was almost 60 points lower earlier in the session, but with inflation below the Bank of England’s 2% target – at a better than expected 1.9% in July – fears were lowered of an imminent interest rate hike to 6%.

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