Global markets rally ahead of Federal Reserve interest rate decision
by Heather Stewart from on (#XRAF)
Smaller drops in transport costs, including petrol, than in November 2014 contributed to 0.1% rise in UK inflation
Markets on both sides of the Atlantic have bounced back as Federal Reserve policymakers prepared to raise US interest rates for the first time since 2006.
Oil prices and shares jumped on Tuesday, making up some of the ground lost in recent days, as investors tried to judge the likely impact of higher borrowing costs.
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