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Macro

FTSE 100 gains trimmed to 0.6% after BoE rate hike

The UK’s FTSE 100 trimmed its advance to 0.6% on Nov. 5 after the Bank of England raised its key interest rate by 25 basis points to 4.00%, the first hike since August 2023 and in line with market expectations. The index had been higher before the central bank decision.

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