U.K. Pound Declines; January Inflation Rate Lower Than Forecast

Story date: 2008-02-12 03:18:00
Added on: 2008-02-12 04:32:42

Bloomberg - Feb. 12 (Bloomberg) -- The pound snapped two days of gains against the dollar after a government report showed U.K. inflation was lower than forecast in January, giving the Bank of England more reason to keep cutting interest rates. The pound dropped ...


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