GBP/JPY Finds Support Near 190.40, BoE Policy and Inflation in Focus
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The GBP/JPY pair has found a temporary foothold near 190.40 on Wednesday as the Bank of England (BoE) signals a reluctance to immediately cut interest rates despite easing shop price inflation. BoE policymakers emphasize the need for clearer evidence of a sustained decline in inflation towards their 2% target before considering rate reductions. BoE Deputy […]