(Il Sole 24 Ore Radiocor) - London, 10 Jun - UK shares closed lower as investors digested the European parliament elections that showed gains for right-wing parties and geared for a busy week that will bring key US inflation data and a Federal Reserve monetary meeting.

At the end of its two-day meeting on Wednesday, the US central bank is widely expected to leave rates unchanged but it will signal how many cuts it sees as likely this year in its so-called 'dot plot' - a chart updated on a quarterly basis giving each Fed member's prediction on the trajectory of the federal funds rate.

Fed officials have repeatedly said they will not contemplate a monetary pivot until there is hard proof inflation is firmly under control and falling towards its 2% target.

The London FTSE 100 closed down 0.20% at 8,228.48 points.

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(RADIOCOR) 10-06-24 19:08:36 (0578) 5 NNNN