UK Unemployment Rate Surges, Sterling Stabilizes at Five-Month Low
Key Takeaways: 💷 Sterling remained at a five-month low against the dollar and steady against the euro 📈 UK unemployment rate rose to 4.2% from 3.9% 💼 Regular wages growth slowed to 6.0% compared to 6.1% in the previous period 📉 Market expectations of Bank of England rate cuts with the first likely cut in … Read more