Story perspectives
Pound Stabilizes as UK Employment Data Looms
2/17/2025
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Story summary
- The Pound Sterling stabilizes against major currencies ahead of UK employment and inflation data.
- BoE Governor Bailey highlights weak labor demand, while Fed’s Logan urges caution on interest rate cuts.
- Anticipated UK employment data may reveal rising unemployment alongside strong wage growth, heightening inflation worries.
- Investors are keenly awaiting UK CPI and Retail Sales data scheduled for later this week.
