FTSE 100 Little Changed as Hot Inflation Lifts BoE Rate Bets
Britain's FTSE 100 fell 0.1% to 10,723.02 as hotter-than-expected inflation reinforced expectations of a Bank of England rate increase, offsetting gains in oil majors amid firmer crude prices.
Britain's FTSE 100 was little changed on Wednesday as hotter-than-expected inflation reinforced bets on the Bank of England (BoE) increasing interest rates, overshadowing gains in oil majors that tracked firmer crude prices.The blue-chip FTSE 100 index CURRENCYCOM:UK100 fell 0.1% to 10,723.02 point…