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UK CPI inflation held at 2.6% in July, below the 2.7% economists had expected. Sterling fell more than a cent to $1.2855 on the news.
Softer inflation reduces pressure on the Bank of England to raise rates, which keeps sterling weak against the dollar.
theguardian.comRichard PartingtonAug 15, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
