• 11/25/2024

Sterling down, UK bonds and stocks rally as inflation unexpectedly slows 

Reuters

Reuters reported that the Sterling fell to its lowest since late May, while UK government bonds and stocks rallied on Wednesday as data showing inflation slowed more than expected in August raised the possibility that the Bank of England could pause rate hikes this week. 

The post Sterling down, UK bonds and stocks rally as inflation unexpectedly slows  appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/sterling-down-uk-bonds-and-stocks-rally-as-inflation-unexpectedly-slows/