Pound Steady as UK Inflation Matches Forecasts, Damping BoE Rate Fears
Sterling held modest gains on Wednesday after UK annual inflation rose to 2.9% in July, matching forecasts and easing fears…
GBP/USD News
Latest GBP/USD news — Bank of England rate decisions, UK economic data, Brexit developments and sterling dollar price analysis.
GBP / USD
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UK inflation jumps to 2.9% in July as energy bills surge, pound holds near $1.354
UK inflation accelerated to 2.9% in the 12 months to July, its highest reading since March, as a 13% jump…
Dollar Steadies as Euro Holds Near Two-Month Highs on Fed Rate-Hold Bets
The dollar held mostly flat on Tuesday while the euro edged higher, as traders priced in a near-70% chance the…
Bank of England set to hold rates at 3.75% through year-end, Reuters poll finds
A Reuters poll of 64 economists finds the Bank of England on track to hold its key rate at 3.75%…
Cooling UK labour market puts Bank of England rate hike in doubt
UK unemployment held at 4.9% in the three months to June while private-sector pay growth slowed to its weakest pace…
