Sterling plunges 1% against the dollar, euro after Bank of England governor's comments on rate policy
The British pound fell more than 1% against the U.S. dollar Thursday, after Bank of England Governor Andrew Bailey told the Guardian newspaper that more good news on inflation could allow the central bank to be "a bit more activist" in its approach to rate cuts.
Bank of England could be ‘more aggressive’ with interest rate cuts, says governor
Bank of England governor Andrew Bailey has said interest rate cuts could soon become “more aggressive,” sparking a drop in the value of the pound. Speaking to The Guardian, Mr Bailey said the Bank may be able to become “more activist” in its approach to borrowing costs if recent positive inflation trends hold.
Pound falls as Bank of England governor says it could become ‘more activist’ on rate cuts – business live
Andrew Bailey tells the Guardian the Bank could become a “bit more aggressive” in cutting interest rates if news on inflation continued to be good
Sterling plunges more than 1% against the dollar, euro after Bank of England governor's comments on rates
The British pound fell more than 1% against the U.S. dollar Thursday, after Bank of England Governor Andrew Bailey told the Guardian newspaper that more good news on inflation could allow the central bank to be "a bit more activist" in its approach to rate cuts.
Sterling plunges 1% against dollar after Bank of England governor's comments on rate policy
Andrew Bailey, Governor of the Bank of England, gestures as he addresses the media during a press conference at the Bank of England in London on Aug. 1, 2024. The British pound fell more than 1% against the U.
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