Shares up and pound nears $1.36 on Fed rate-cut hope
The FTSE 100's advance eased going into Wednesday afternoon, as a weaker Brent price hit oil majors, but the mood in equity markets remained optimistic on a growing expectation that the Federal Reserve will cut rates next month. The FTSE 100 index inched up 4.87 points, 0.1%, at 9,152.68. The FTSE 250 added 46.46 points, 0.2%, at 21,889.15, and the AIM All-Share rose 0.55 of a point, 0.1%, at...