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Posts Tagged ‘Spring Statement’

Markets Await Key Inflation Data and Spring Statement as GBP Holds Firm

By Currency Global | March 24, 2025

GBP The Pound struggled against its major counterparts on Friday after the Bank of England (BoE) left interest rates unchanged at 4.5%. Despite a slightly hawkish tone, the decision weighed on Sterling. The Monetary Policy Committee (MPC) voted 8-1 to maintain rates, with only Swati Dhingra supporting a 25 basis point cut. Markets had expected…

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