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Evening Standard
Evening Standard
Jeremy Cutler

Soft inflation data encourages hopes of pre-Christmas rates cut

Inflation Barratt Redrow Persimmon Barclays Berkeley Group United States Bank of England United Kingdom Goldman Sachs Lloyds Banking Group
Hopes are high that the Bank of England may cut interest rates before next year (Anthony Devlin/PA) - (PA Wire)

The FTSE 100 forged ahead on Wednesday, with housebuilders in demand, as weaker-than-expected inflation figures boosted hopes for an interest rate cut before the end of the year.

The FTSE 100 index closed up 88.01 points, 0.9%, at 9,515.00.

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