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Pound has rebounded this year amid stubbornly high UK inflation and a broad dollar retreat

British pound declines as traders shift interest rate expectations

Currency strengthens after BoE governor Andrew Bailey warns it is ‘too early to declare victory over inflation’

Single currency weighed down by weak economy and expectations of further interest rate cuts

Data for August points to solid economic growth in summer after strong rebound in first six months of 2024

Bank of England governor opens door to a faster pace of rate cuts if inflationary pressures continue to ease

Pound hits highest level against dollar since July 2023 as chances of August interest rate cut recede

Policy rate kept at 5.25 per cent as evidence grows of slowing inflation