FTSE 100 Gains as Markets Brace for Federal Reserve Decision

By 1038 GMT, the blue-chip index climbed 0.2% to reach 10,894.67 points. The mid-cap FTSE 250 followed a similar, albeit more muted, trajectory with a 0.09% gain. Investors are currently prioritizing defensive positioning while awaiting clarity on American monetary policy, which remains the primary catalyst for broader market sentiment throughout the current trading session.