FTSE 100 up 0.1, FTSE 250 adds 0.3
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May 30 Reuters Britain39;s FTSE 100 rebounded after initial declines on Thursday as Auto Trader Group rose after a profitbeating update while energy shares capped some gains as oil prices eased.

The bluechip FTSE 100 index nudged 0.1 higher, while the midcap FTSE 250 edged up 0.3.

Investors are on guard as they wait for the personal consumption expenditures PCE price index data, the U.S. Federal Reserve39;s preferred inflation gauge, due on Friday, for clues on the future monetary policy path.

The UK market, over the last week, has broadly tracked what39;s been going on with the other markets, said Dean Turner, UBS wealth management39;s chief UK economist.

Shortterm noise and one CPI print that39;s good or bad can turn whole the narrative around central banks, and then the next month it will swing back again.

A speech by Bank of England Governor Andrew Bailey due later in the day will also be closely watched as the central bank will meet in three weeks to decide Britain39;s next monetary policy action.

Theres a bit more uncertainty around the timing and full extent of any moves from the Bank of England this year, Turner added.

Industrial metal miners index was the bottom performer among FTSE 350 sectors as base metals slumped after a stronger U.S….