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Global markets rally ahead of Federal Reserve interest rate decision

Discussion in 'Market News' started by Lily, Dec 16, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Smaller drops in transport costs, including petrol, than in November 2014 contributed to 0.1% rise in UK inflation

    Markets on both sides of the Atlantic have bounced back as Federal Reserve policymakers prepared to raise US interest rates for the first time since 2006.

    Oil prices and shares jumped on Tuesday, making up some of the ground lost in recent days, as investors tried to judge the likely impact of higher borrowing costs.

    Related: Will interest rates rise? Your guide to the Fed's upcoming meeting

    Related: UK inflation turns positive again - business live

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