FTSE 100 Index forecast ahead of the BoE interest rate decision

The FTSE 100 was range-bound, trading at 10,440 on Wednesday, up from this month’s low of 10,122 as investors waited for key UK macro data and policy actions from the Federal Reserve and Bank of England. The update is largely market context rather than a new catalyst, with near-term direction likely driven by incoming data and central bank messaging.

Analysis

The FTSE 100 was range-bound, trading at 10,440 on Wednesday, up from this month’s low of 10,122 as investors waited for key UK macro data and policy actions from the Federal Reserve and Bank of England. The update is largely market context rather than a new catalyst, with near-term direction likely driven by incoming data and central bank messaging.