The index of the UK’s leading shares fell 2.3 per cent yesterday to 5,703.7 - after the US Fed dashed hopes of more quantitative easing (QE) in the world’s largest economy - but it has risen by 0.2 per cent this morning to hit 5,716.8 points.
It is widely expected the Bank of England will leave rates at their historic low of 0.5 per cent, where they have been for three years.
In a poll of 56 economists by Reuters last week, all said they expected the Bank to leave interest rates and the target for its QE programme unchanged.
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