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FTSE 100 Live: Stocks rally as slowing inflation lifts rate cut hopes

The article from Investing.com discusses the current state of the FTSE 100, focusing on several key economic indicators and corporate updates. Inflation remains a central concern, with investors and analysts closely watching the latest data to gauge the Bank of England's next moves on interest rates. The article highlights Vistry, a housebuilder, which has seen its shares rise after reporting robust trading and an increase in its full-year profit expectations, driven by strong demand in the housing market. Currys, an electrical retailer, is also mentioned, facing challenges from a cost-of-living crisis affecting consumer spending, yet it has managed to maintain its market position through strategic pricing and promotions. Hays, a recruitment firm, reported a slight dip in net fees but remains optimistic about future growth due to ongoing labor market tightness. The overall market sentiment is cautious, with investors balancing between economic recovery signals and persistent inflationary pressures.

Read the Full Investing Article at:
[ https://uk.investing.com/news/stock-market-news/ftse-100-live-inflation-in-focus-alongside-vistry-currys-and-hays-3874805 ]