Pound vs Dollar: Who Wins Amid the Energy Shock?
UK annual CPI rose to 3.5% in September from 3.1% in August, exceeding the 3.4% forecast. Core inflation accelerated to 2.8%, while services inflation reached 3.7%. This increases the possibility of tighter monetary policy. The interest rate remains at 3.75%, with markets expecting it to rise to 4.00% at the 5 November meeting. Committee member […] The post Pound vs Dollar: Who Wins Amid the Energy Shock? appeared first on ActionForex.
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