Economics
Pound Halts Worst Two-Week Drop Since 2009 Amid Stimulus Hints
- Sterling rallies as U.K.’s Osborne floats corporate-tax cut
- Yen pauses after best first half since 1995 on haven demand
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The pound halted its biggest two-week drop in more than seven years, after U.K. authorities flagged measures to mitigate the impact on the economy of the vote to leave the European Union.
Sterling rose against the dollar for the first time in three days during the U.S.’s Fourth of July vacation.