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Evening Standard
Evening Standard
Business
Graeme Evans

FTSE 100 Live 20 November: Sage sparkles, inflation rebound dents rate-sensitive stocks

Inflation Office for National Statistics the Office for National Statistics Graeme Evans
FTSE 100 Live - (Evening Standard)

Inflation’s rebound to an annual rate of 2.3% today dealt a setback to the outlook for lower interest rates.

The Bank of England now appears certain to leave rates at 4.75% next month after energy prices and airfares caused today’s inflation spike.

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