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  • Evening Standard

    FTSE swings lower as rally dented by US inflation

    by Henry Saker-Clark Mar 14, 2024 2 minutes
    Source: PA Wire

    The FTSE 100 took a step back on Thursday amid a sell-off after striking a nine-month high in the previous trading session.

    The index was steady for large parts of the session but tipped downwards in the afternoon after disappointing inflation data in the US dampened hopes for interest rate cuts.

    US producer price index (PPI) inflation was

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