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General · 29 April 2026

Pound slips before Bank of England decision

Pound slips before Bank of England decision

Investors are staying cautious as central banks prepare interest rate decisions and peace talks over the Iran war remain stuck. Sterling fell 0.15% to $1.3499 on Wednesday, though it is still up 2.1% for April, its strongest month since August. Markets expect both the Federal Reserve and Bank of England to leave rates unchanged this week.

Reported by Reuters · How we write briefs

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