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Sterling fell broadly today after UK’s February CPI came in slightly below expectations. However, the selloff has been contained, with markets still expecting the BoE to proceed cautiously with policy easing. In particular, services inflation remained sticky at 5%, signaling that underlying price pressures are not abating as quickly as hoped. Some economists argue that […]

The post Sterling Lags After CPI Miss, But BoE Rate Cut to Stay Gradual appeared first on Action Forex.

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