TOKYOLONDON, Oct 11 Reuters The dollar paused near a twomonth high against a basket of peers on Friday, as traders digested the latest inflation and jobs data, while a rise in British economic growth could not raise the pound from onemonth lows.

Moves were fairly muted across major currencies, but the euro was up 0.09 at 1.10947, the pound up 0.12 at 1.3076 and the yen a fraction firmer at 148.67 per dollar

That left the dollar index at 102.8, down around 0.1, taking a breather after its steady climb that took it above 103 on Thursday, its highest since mid August, on the back of traders reducing bets on further jumbo rate cuts by the Federal Reserve at its remaining meetings this year.

U.S. core consumer inflation came in at 0.3 in September, slightly hotter than expected, which pointed to stalling progress in the Federal Reserve39;s fight against inflation.

However, high weekly jobless claims figures kept bets that the Fed remains on track to cut interest rates by 25 bps in November.

The data yesterday from the U.S. has taken some of the upward momentum out of the dollar, Lee Hardman, senior currency analysts at MUFG, said though in terms of the impact on Fed policy making, we think it39;s pretty limited. There39;s a lot of noise in there.

The weekly jobless claims data was skewed by Hurricane Helene. Next week39;s data will be impacted by Hurricane Milton.

There was plenty for markets to digest elsewhere.

Britain39;s economy grew in August after two…