Sterling tumbles after Bank of England raises rates to 1.25%

Tribune Online Sterling tumbles after Bank of England raises rates to 1.25% Sterling fell sharply on Thursday, after the Bank of England (BoE) raised interest rates by 25 basis points, confounding forecasts by some market participants of a bigger hike to fight soaring inflation. The pound was last at $1.2062 against the dollar, down 0.9% on the day and compared to $1.2165 just before the BoE decision. […] Sterling tumbles after Bank of England raises rates to 1.25% Tribune Online

Sterling tumbles after Bank of England raises rates to 1.25%

Tribune Online
Sterling tumbles after Bank of England raises rates to 1.25%

Sterling tumbles after Bank ,

Sterling fell sharply on Thursday, after the Bank of England (BoE) raised interest rates by 25 basis points, confounding forecasts by some market participants of a bigger hike to fight soaring inflation. The pound was last at $1.2062 against the dollar, down 0.9% on the day and compared to $1.2165 just before the BoE decision. […]

Sterling tumbles after Bank of England raises rates to 1.25%
Tribune Online