The U.K. pound dropped to a six-month low and shares of London-listed housebuilders jumped after the Bank of England left interest rates unchanged at 5.25%.
The decision to break a run of 14 consecutive hikes comes amid signs of a slowing economy and softer-than-expected inflation data released Wednesday, which showed annual headline consumer prices rising by 6.7% in August, against forecasts of a 7% increase.
The…
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