The Pound US Dollar ( GBP/USD) exchange rate slumped to its lowest level since mid-December on Monday as escalating conflict in the Middle East triggered a flight to safety. However, GBP/USD was able ...
The bloc’s latest consumer price index showed inflation rising from 1.7% to 1.9%, instead of holding at 1.7%, while core inflation also unexpectedly rose from 2.2% to 2.4%.
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