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Why the U.K.’s high inflation has global implications

Goldman Sachs Exchanges

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Sterling's Future Outlook

Sterling has been falling against some of the major currencies, but is that likely to last given all of these moving parts? It's a really interesting question and we certainly pick up very strong views on the prospects for the currency. We think that ultimately, the Bank of England do have more work to do to hike rates, to stabilize inflation. And typically, higher yields will go some ways to support the currency.

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