# Pound rises as economy ekes out some growth amid Bank caution on interest rate cuts | This is Money

> Sterling rose above $1.25 after UK GDP grew 0.1% in the fourth quarter, better than the expected contraction. Bank of England official Huw Pill said rate cuts would continue but at a slower pace. The data led markets to scale back expectations of three rate cuts this year.

- Date: 2025-02-13 · published 2025-02-13T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/26321-pound-rises-as-economy-ekes-out-some-growth-amid-bank-caution-on-interest-rate
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Slightly better growth and slower expected easing support sterling against the dollar. The move has little bearing on feed commodity prices.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- thisismoney.co.uk: https://www.thisismoney.co.uk/money/markets/article-14395161/Pound-rises-economy-ekes-growth-amid-Bank-caution-rate-cuts.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.