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UK's finance minister affirms strict fiscal discipline, leading to Sterling weakness and increased chances of a BOE rate cut amid inflation easing and spending constraints.
The pound rose to $1.35, marking a five-day winning streak as US dollar weakness from a US government shutdown and the BoE's rate hold supported sterling despite mixed BoE commentary and potential UK…
Pound rose to $1.343 ahead of Chancellor Rachel Reeves’ speech; she pledged not to raise VAT, income, NI, or corporation tax but signaled other tax measures may be needed, stressing fiscal discipline…