GBP hammered in wake of BoE decision as fears of recession grow. But other central banks will take a similar view and this could release pressure on GBP.
May 9,2022
The British Pound has come under notable pressure after the Bank of England raised interest rates but warned the economy was due to slow sharply over coming months.
May 9,2022
TD Securities on potential outcomes for the Pound in the wake of Bank of England interest rate decision.
May 9,2022
A falling Pound Sterling boosts UK inflation and is therefore a potential concern for the Bank of England as it goes about its business of setting interest rates and trying to stabilise inflation.
May 4,2022
Bank must keep hiking to stave off inflation, even if it results in recession. And the GBP will bear the cost.
May 4,2022
Analysts at ABN AMRO have said they are slashing their forecasts for the British Pound on the belief the Bank of England is nearly done with rate hikes.
May 3,2022
A recovery mid-week has offered under pressure investors some relief, aiding a rebound in the Pound.
April 27,2022
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