Pound Falls Versus Dollar, Euro as U.K. Consumer Prices Stagnate

Updated on
  • Consumer-price growth in line with Bloomberg survey forecasts
  • Gauge of market inflation wagers jumps after official report

The pound fell the most in more than a week against the dollar after a report showed U.K. consumer prices stagnated last month, fueling speculation the Bank of England is still months away from raising interest rates. 

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