GBP/USD climbs as mixed US inflation data bolsters Fed rate cut expectations
Published 1 month ago
Sep 11, 2025 at 1:38 PM
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The British Pound (GBP) gains traction against the US Dollar (USD) on Thursday, with GBP/USD reversing earlier losses as investors digested a mixed US inflation report that failed to shake expectations of a Federal Reserve (Fed) interest rate cut next week.