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Jul 31, 2023FTSE slips after surprise Canada, Australia rate hikes revive Fed fears
Aug 20, 2023The FTSE 100 slipped after a surprise interest rate rise by the Bank of Canada revived fears that the US Federal Reserve could resume its hawkish monetary tightening next week.
The UK blue-chip index shed 0.3%, or 21 points, to 7,603 after Wall Street retreated in response to the Canadian central bank hiking its overnight rate to a 22-year high of 4.
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