Pound and U.Okay. bond yields fall as merchants enhance Financial institution of England rate-cut bets
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The British pound and authorities bond yields fell, whereas shares rose, after a report exhibiting regular U.Okay. inflation raised hopes the Financial institution of England can quickly take into account trimming rates of interest.
The Workplace for Nationwide Statistics on Wednesday stated the headline client worth index for the 12 months to January elevated 4%, the identical as in December. Economists had anticipated inflation to select up tempo in January to 4.2%.
The…
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