FTSE 100 Slips to 14,160 as Bank of England Decision Looms
As seen on the 24/7 Wall St. homepage on September 28, 2026.
- 🇬🇧 FTSE 100-0.06%
- 🇩🇪 DAX+0.08%
- 🇫🇷 CAC 40-0.16%
London opens a hair lower at 14,160 while Frankfurt ticks up, leaving Europe without a single direction ahead of this week's Bank of England decision. With UK inflation at 3.1%, rates drive the FTSE's next move.
Continue ReadingShow less
The index opened lower, a modest move in isolation, but the Bank of England's rate decision this week gives it outsized significance for where UK equities go next.
UK inflation running at 3.1% is the number that matters most to that outcome. Above-target inflation keeps pressure on policymakers to hold rates higher for longer, which weighs on rate-sensitive sectors that carry significant weight in the index.
Frankfurt's DAX edged up while Paris's CAC 40 slipped, leaving the continent without a shared direction and London without regional momentum to lean on.
A hawkish tone from the Bank of England this week would reinforce the downward pressure already visible in recent sessions. Any signal of a shift would give rate-sensitive stocks room to recover and reframe the chart quickly.