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Market Update: London Stocks Set to Open Higher
Futures on the FTSE pointed to a positive open on Tuesday, as investors continued to focus on the prospect of strong economic growth this year and as fears about a bond buying tapering by central banks eased. Bank of England Governor Andrew Bailey said on Monday that he does not see inflation causing a serious problem in the medium to long-term, while US Federal Reserve pledged to keep its ultra-loose monetary policy for some time despite the recent spike in consumer prices. [/s2If]
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