FTSE 100 Live: London stocks edge higher, SpaceX wobbles ahead of Fed decision
FTSE 100 up 14 points to 10,508 UK CPI inflation remained at 2.8% Pound falls as no BoE hikes expected 5.15pm: Fed decision eyed London stocks finished the......
News Desk
Staff Writer
Published
Jun 18, 2026
Source
Proactive Investors
Analytics
0 0 0
AI Insight:The UK market's slight gain and the pound's depreciation signal investor uncertainty ahead of key economic decisions.
The FTSE 100 index rose 14 points to 10,508 as the UK's inflation rate remained steady at 2.8%. This stability, however, did not translate to a stronger pound, as investors did not expect the Bank of England to raise interest rates. The anticipation of the Federal Reserve's decision in the US added to the market's volatility, with the pound falling in response to the expectation of no rate hike. London stocks' performance was mixed, with some sectors showing resilience in the face of economic uncertainty.