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Why the US economy impacts the UK

The US is a huge global economy, and what happens there often ripples across the world. If the US raises interest rates, it can attract investment away from other countries, including the UK, potentially affecting the value of the pound and UK economic growth.

Stories that explain this

Gold prices climb as the US dollar drops ahead of inflation data

Related explainers

The Bank of England's big decisions Global markets feel the ripple Why gold matters to you Your holiday money might go further How inflation affects your wallet Digital economy impact Impact on global economy Impact on UK economy

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