FTSE 100 Stuck in Neutral as Bank of England Holds Firm
The FTSE 100 index opened flat on Tuesday at 10,862.5, matching its previous close without any net movement.
This lack of momentum reflects a market caught between a central bank that has stopped cutting interest rates and an economic backdrop yet to deliver the growth upgrades needed for equities to rise meaningfully higher.
The Bank of England's decision to hold its base rate at 3.75% suggests policymakers remain concerned about upside inflation risk, leaving little room for a dovish pivot that could lift rate-sensitive sectors.