{
  "id": 16980531,
  "title": "US inflation figures are next for a Pound back above 1.33",
  "url": "https://urgent.news/2026/10/28/us-inflation-figures-are-next-for-a-pound-back-above-1-33",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T22:52:40.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-inflation-figures-are-next-for-a-pound-back-above-133-202610282252"
  },
  "original_language": "en",
  "account": "In the latest data release, the Pound Sterling experienced a slight uplift against the US Dollar, reaching a session high just above 1.3300. This gain followed a weaker Dollar after the Federal Reserve's decision to maintain interest rates between 3.75% and 4.00%. The Office for Budget Responsibility (OBR) estimates Chancellor Jeremy Healey has £15 billion of headroom for 2029-30, down from £24 billion in March, despite new taxes on banks and gambling. The 10-year gilt yield fell amid the Budget, with the OBR forecasting about £14 billion of extra debt interest this year. The Pound Sterling is the fourth most traded currency in foreign exchange markets, accounting for 12% of all transactions, averaging $630 billion daily. The Bank of England (BoE) decision on the UK's Bank Rate, expected on November 5, will be the next major event impacting the Pound.",
  "summary": "GBP/USD's first gain in four sessions came from a weaker Dollar after the Fed's hold, and Chancellor Healey's first Budget had little to do with it. The pair's session low, just above 1.3250 and its lowest since mid-October, came well before the Budget speech.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}