UK GDP resilience supports BoE rate path and GBP
Resilient UK GDP data for August beat expectations for a fourth consecutive month, giving the Bank of England more room to raise rates and easing pressure on the Chancellor’s deficit-reduction plans.
Original · FXStreet AI summary of public reporting
Why: Strong UK GDP beats → room for BoE hikes
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At publication → CurrentGBP1.335 → 1.337+0.2%