RollinggoesBesley,Tucker
,whyisMPC raises rates nowadays, and will this be the most pre-expected news announcement ever? 8.37am GMTThe pound is bobbing nervously around the $1.326 price this morning,as City traders brace for nowadays’s interest rate decision.
Sterling is likely to bound sharply at noon. It’ll surely tumble if Carney and colleagues leave rates unchanged, but could rally if the Bank hikes and hints at further rate rises down the line. 8.08am GMTGood morning.It won't be a 25bp hike, or rather a reversal of last year's referendum-inspired cut. Not beginning of Fed-like normalisation #boe #gbpContinue reading...
Source: theguardian.com