Why did Andrew Bailey decide now was the time to flip the Bank of England's message on interest rates? It could have to do with the value of the Pound.
Pound Sterling is Forecast to See Deeper Losses against the Euro and Dollar by Emboldened Bears
- Category: GBP
Pound Sterling's sharp drop against the Euro has emboldened the bears who see further losses ahead.
Pound Sterling's big reaction to an apparent switch in thinking at the Bank of England might be overdone.
Keir Starmer's 'shower of gloom' is being felt: the CBI and IoD report a slowing economy amidst deteriorating business confidence, which will pose risks to Pound Sterling's 2024 outperformance.