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Wednesday, Aug 13, 2025
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UK Pound Rises as Jobs Data Poses Challenge for Bank of England

UK Pound Rises as Jobs Data Poses Challenge for Bank of England

Employment figures complicate interest rate decisions
The British pound strengthened after new employment data highlighted a cooling jobs market paired with still-elevated wage growth, presenting the Bank of England with a delicate balancing act on interest rate policy.

Analysts say the figures could influence the timing of future rate adjustments.
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