falling more than expected in June to its slowest pace in more than a year at 7.9%. The reading sent the pound sharply lower against other major currencies.Gold prices hovered near an eight-week peak hit on Tuesday and oil prices gained more than 1% on expectations that the Fed will have finished its most aggressive rate-hiking in more than four decades when it concludes a two-day meeting on July 26.
Stocks on Wall Street rose as investors looked past poor second-quarter earnings from Goldman Sachs to take comfort in strong profits from smaller players in the banking sector. The KBW bank index
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