FTSE 100 tracks glum global sentiment ahead of BoE rate decision

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FTSE 100 tracks glum global sentiment ahead of BoE rate decision
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UK's export-driven FTSE 100 fell on Thursday, tracking glum global sentiment, while traders avoided bets on risky assets ahead of the Bank of England's monetary policy decision.

Global markets sagged after the U.S. Federal Reserve said it would continue raising interest rates, rekindling fears that tighter policy could trigger a recession.

After the Fed's hawkish commentary on Wednesday, traders now await the BoE's monetary policy meeting at 1200 GMT.

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