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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Fed hikes rates by 0.50%, easing the size of its increases; UK inflation at 10.7%

Inflation United Kingdom United States Office for National Statistics

US rates went up by another 0.5% tonight, with the country’s inflation rate dropping but still high at 7.1%.

The UK’s inflation rate dipped by more than expected to 10.7% in November, figures from the Office for National Statistics revealed today.

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