Sterling Little Changed After U.K. GDP Rises 0.2% in September
U.K. monthly GDP rose 0.2% in September, versus economists’ forecast for a 0.1% contraction. Sterling showed little reaction.
Sterling shows little reaction even after better-than-expected U.K. GDP data for September. The data show monthly GDP rose 0.2% in September, compared to the 0.1% contraction forecast by economists in a WSJ poll. However, the economic outlook is concerning due to ongoing geopolitical conflicts, ris…