FTSE underperforms European peers after Fed rate cut hopes dialled back
London?s FTSE 100 ended in the green on Thursday, though its gains fell short of the loftier progress delivered by European peers, as equity markets recovered from Wednesday?s sell-off.Central to the drab mood in markets has been the dialling back of Federal Reserve rate cut expectations. Though a Fed cut in March is still the most likely scenario, the odds of one have dwindled in recent days,...