Sterling slides after Bailey says BoE could be ‘a bit more aggressive’ on rates
The bank’s rate-setters could be “a bit more aggressive” on lowering borrowing costs if inflationary pressures continued to wane, Bailey told the Guardian newspaper. Sterling fell to $1.3121 from $1.3268, extending its decline from last week when the currency traded above $1.34.
The British pound gained ground against the dollar and the euro on Friday after a steep plunge a day earlier when Bank of ...
Sterling extended its rise slightly after the BOE’s chief economist signalled gradual interest-rate cuts, comments which come after the pound was hit when BOE Gov. Andrew Bailey said more aggressive ...
The pound dropped to a two-week low against the US dollar, erasing the gains that followed last month’s Federal Reserve cut in interest rates, after dovish comments from Bank of England governor ...
After losing more than 1% on Thursday, GBP/USD stages a rebound and trades in positive territory above 1.3150 in the European ...
The British pound fell more than 1% against the U.S. dollar Thursday, after Bank of England Governor Andrew Bailey told the ...
By Joice Alves LONDON (Reuters) – Sterling fell back towards an all-time low against the dollar on Monday, after a statement from the Bank of England (BoE) disappointed market expectations for ...
In response, the Pound secured a limited bounce with the Pound to Dollar (GBP/USD) exchange rate advancing to 1.3160 from ...
The Pound Sterling (GBP) fell after BoE Governor Bailey unexpectedly spoke about adopting a more aggressive easing stance.
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