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Sep 29, 2026
BoE’s Taylor says prolonged energy shock could cement case for hikes
The Bank of England (BoE) Monetary Policy Committee member Alan Taylor said that “monetary policy should not react mechanically to movements in energy prices,” though recognized that if “pressure builds and second round effects” emerge, then the BoE should reassess monetary policy.
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Sep 29, 2026
British Pound slips to 1.32 as 2004-era US yields lift the US Dollar
The Pound Sterling drops some 0.38% against the US Dollar as the latter continues to appreciate, even though US Consumer Confidence deteriorated, while jobs data confirmed the strength of the US labour market. The GBP/USD trades at 1.3205, after peaking at 1.3258.
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