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Pound Rises Further on UK Rates Outlook

LONDON (AP) — The pound has pushed above the $1.40 level as traders price in a growing likelihood of another interest rate increase in May from the Bank of England.

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‘Death to the Dictator! Death to Rouhani!’: Thousands Protest the Government in Iran

Thousands of protesters have taken to the streets of Iran over the past few days, speaking out against both the “hardline” government of the ayatollahs and the supposedly “moderate” secular government of President Hassan Rouhani. “Death to the dictator!” and “Death to Rouhani” are chants heard in at least eight Iranian cities, and the movement appears to be spreading.

FILE - In this Wednesday, Sept. 20, 2017, file photo, Federal Reserve Chair Janet Yellen speaks at a news conference following the Federal Open Market Committee meeting in Washington. On the day when Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt …

Federal Reserve Expected to Raise Rate Target

The Federal Reserve will almost certainly raise its short-term interest rate target by a quarter percentage point at the conclusion of its two-day policy meeting Wednesday.

Illustration of Bitcoin rising over the moon -- the coin reached a price of $10,000 on November 28.

Bitcoin Price Cracks All-Time High of $10,000

The price of one full Bitcoin, the original decentralized digital currency, officially hit 10,000 U.S. dollars early Tuesday morning, according to data from CoinMarketCap.

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UK Inflation Lower than Expected, Easing Rate Hike Prospects

LONDON (AP) — Consumer price inflation in Britain unexpectedly held steady in July at an annual rate of 2.6 percent, official figures showed Tuesday, in a development that may ease pressure on the Bank of England to raise interest rates at a time when the economy has slowed amid uncertainty over the country’s exit from the European Union.

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UK Inflation Unexpectedly Falls Easing Living Standards Slump

LONDON (AP) — Inflation in Britain unexpectedly fell in the year to June, official figures showed Tuesday in a development that’s eased market expectations that the Bank of England will raise interest rates soon. The Office for National Statistics said