GBP/USD Analysis: Inflation Stabilises, Pound Rises in Price

UK inflation data was released this morning, showing that consumer price inflation (CPI) held steady at 6.7% in September, although economists had expected 6.6%, which would mean the CPI would continue to decline from its peak of 11.1%, achieved at the end of last year. These data provide evidence to suggest that inflation has stalled. […]

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