{
  "id": 14399746,
  "title": "FTSE 100 today: Stocks edge up ahead of U.S. CPI; BoE’s Pill doubts hikes",
  "url": "https://urgent.news/2026/10/14/ftse-100-today-stocks-edge-up-ahead-of-u-s-cpi-boes-pill-doubts-hikes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T07:52:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/ftse-100-today-stocks-edge-up-ahead-of-us-cpi-4948223"
  },
  "original_language": "en",
  "account": "The FTSE 100 experienced a modest increase of 0.06% on Wednesday as investors awaited U.S. inflation data and reviewed the Bank of England's indications regarding potential rate hikes. Germany's DAX rose 0.26% and France's CAC 40 gained 0.45%, while the British pound strengthened by 0.10% to $1.3263. BoE Chief Economist Huw Pill expressed skepticism about the need for four consecutive quarter-point hikes priced by markets, stating that improving data would ultimately determine the outcome. He noted that underlying inflation may not have reached the 2% target before the energy shock caused by Iran's actions. Jefferies suggested a 20% probability of a Federal Reserve rate increase this month and a full pricing for a December hike, with markets expecting a significant upward surprise for October to shift its expectations. U.S. inflation is expected to be between 3.6% and 3.7%, with core inflation increasing from 2.5%. Bank of England Governor Andrew Bailey mentioned that the pass-through effect from the energy shock in Britain has been less pronounced so far, but the situation becomes increasingly challenging as time passes. Diplomatic progress towards a resolution in the region seems to be dwindling, with rumors suggesting that a deal may become increasingly unlikely before the midterm elections. Additionally, Iran's defense officials met to discuss maintaining weapons production under wartime circumstances, with Revolutionary Guards Commander Major-General Ahmad Vahidi referring to the defense industry as a critical component of the armed forces. Iraq's crude exports reached approximately 2.7 million barrels per day, despite disruptions in the Strait of Hormuz, marking a significant increase from roughly 200,000 barrels per day in May.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "City AM",
        "title": "FTSE 100 Live: Stocks to gain; oil rises as Saudi Arabia and Houthis trade strikes",
        "url": "https://urgent.news/2026/10/14/ftse-100-live-stocks-to-gain-oil-rises-as-saudi-arabia-and-houthis",
        "published": "2026-10-14T05:21:40.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "BoE’s Pill says a bit more sceptical about market pricing of four rate hikes over the next year",
        "url": "https://urgent.news/2026/10/14/boes-pill-says-a-bit-more-sceptical-about-market-pricing-of-four-rate",
        "published": "2026-10-14T06:17:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Saudi stocks slip after attack on Aramco building; Gulf markets mixed",
        "url": "https://urgent.news/2026/10/14/saudi-stocks-slip-after-attack-on-aramco-building-gulf-markets-mixed",
        "published": "2026-10-14T08:10:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}