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Sterling fell against the dollar Tuesday after U.K. inflation slowed more than forecast in February, the first of several sets of data in a week when the Bank of England is expected to signal interest rates will rise as early as May. A Brexit transition deal agreed between Britain and the European Union, which sent sterling soaring Monday, appeared to clear the way for a hike, with markets factoring in a 70 percent chance of one despite the subdued inflation number, which also undercut analyst forecasts.
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