Pound climbs to year-high against the dollar as inflation remains at 2%
![Pound climbs to year-high against the dollar as inflation remains at 2%](https://i2-prod.mirror.co.uk/money/article33271359.ece/ALTERNATES/s615/0_the-pound-was-up-026-at-1300-us-dollars-joe-giddenspa.jpg)
Persistent inflation in the service sector led to increased scepticism among economists about the Bank of England's potential interest rate cut next month
Persistent inflation in the service sector led to increased scepticism among economists about the Bank of England's potential interest rate cut next month