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U.K. inflation held steady at the Bank of England’s 2% target in June, Official National Statistics data showed Wednesday.
The headline reading came in above analyst expectations at 1.9%, according to economists polled by Reuters, and was in line with the previous 2% reading in May.
Sterling rose slightly shortly after the release, trading at $1.2977 by 7:21 a.m. London time.
Services inflation — which…
