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TRENDING/ US 30-year mortgage rate falls to two-year low | Amazon raises pay of US hourly workers | Fed slashes rates by 50 bps |
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Published 22:14 IST, September 18th 2024

London stocks drop after inflation data, focus shifts to Fed

Evidence of persistent inflationary pressures led traders to trim bets on the BoE cutting rates at its Thursday meeting, where policymakers are expected to keep rates on hold.

Reported by: Thomson Reuters
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22:14 IST, September 18th 2024