FTSE surges as falling inflation opens door to rate cut

Danni Hewson, of the UK-based financial services firm, said: “There’s now a plausible chance the 10,000 index level could be breached by the end of the year, if we get a bit of a Santa rally.It’s now possible that the FTSE 100 could reach the 10,000 mark before the end of the year, according to AJ Bell.According to economists, it now “looks certain” that rates will be cut tomorrow.The FTSE 100 surged, reaching its highest point in eight months after falling inflation cleared the way for the Bank of England ...