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British Pound faces weekly losses as US PPI keeps Fed hawks in charge

fxstreet.com

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The British Pound (GBP) holds steady against the US Dollar on Friday, yet it’s poised to end the week with weekly losses of nearly 0.90%, trading at around 1.3230 after the recent US producer inflation report reached its highest level since November 2022.

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A rapid interest rate rise seems inevitable – and households are expected to pick up the tab

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theguardian.com

Interest rate rises likely in coming months, Bank of England’s chief economist says

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India's consumption story remains strong, but rural demand faces inflation risks: Report

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