FTSE and pound climb despite Bank of England caution over rate cuts
by Henry Saker-Clark
Dec 14, 2023
2 minutes
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The FTSE 100 has climbed to its highest level for almost two months, despite caution from the Bank of England over expectations that interest rates will be slashed next year.
Europe’s top markets surged in early trading after they took their cues from the Federal Reserve meeting in the US on Wednesday.
The Fed held rates again but traders
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