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FTSE indexes climb as mining stocks outweigh inflation jitters

London’s blue-chip FTSE 100 ticked up 0.14% to reach 10,508.61 points on Wednesday, defying broader market skittishness. Gains in the mining sector provided the necessary momentum for the index, even as traders braced for impending interest rate announcements from both the Bank of England and the U.S. Federal Reserve.

FTSE indexes climb as mining stocks outweigh inflation jitters

The midcap FTSE 250 mirrored this cautious optimism, closing 0.16% higher. Investors spent the session balancing the latest domestic inflation figures against the looming policy shifts from central banks, which kept trading volumes restrained. Despite scattered declines across other sectors, the strength in mining stocks acted as a reliable buffer, preventing a wider slide in British equities.

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