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Pound Sterling advances as upbeat UK Retail Sales fade BoE rate-cut bets

The Pound Sterling (GBP) demonstrates strength in Monday’s European session as the Bank of England (BoE) is expected to hold interest rates at their current level for a longer period.

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First BOE Interest-Rate Cut Is Months Away Despite Recession, Pill Says

(Bloomberg) A first interest-rate cut by the Bank of England is still “several more months” away as inflation may prove persistent even though the economy has fallen into recession, Chief Economist Huw Pill said.Most Read from BloombergTrump, Sons and Associate Hit With $364 Million Fraud FineWall Street Ends Wild Week on Sour Note After PPI: Markets WrapAlexey Navalny, Jailed Activist Who Defied Putin, Dies at 47Hawaii Rightly Rejects Supreme Court’s Gun NonsenseBiden Blames Putin for Navaln

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First BOE Interest-Rate Cut Is Months Away Despite Recession, Pill Says

First BOE Interest-Rate Cut Is Months Away Despite Recession, Pill Says
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BOE s Greene Seeks More Signs of Cooling Prices Before Rate Cut

BOE s Greene Seeks More Signs of Cooling Prices Before Rate Cut
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Hawkish Fedspeak Came To The Dollar s Rescue Last Week

Hawkish Fedspeak Came To The Dollar s Rescue Last Week
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