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30 Sept 2026 · 18:21 GMT+3

British Pound catches second wind as soft PCE knocks Fed hike bets

The Pound Sterling (GBP) posts solid gains versus the US Dollar (USD) on Wednesday, edging up 0.42% as the latest US inflation figures were below estimates, reaffirming New York Federal Reserve (Fed) President John Williams' comments that the Fed is in no rush to tighten monetary policy.

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