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News 2026-09-16 07:24 UTC

Sterling Steadies Ahead of BoE and Fed Decisions

The British pound steadied just below $1.35, hovering around its weakest level since early August, as investors digested an in-line UK inflation report ahead of interest rate decisions from both the Bank of England and the US Federal Reserve. UK annual inflation accelerated to 3.1% in August from 2.9% in July, in line