Pound Slides After Bank of England Signals Caution as It Raises Rates

The central bank raised its key rate for the fourth time in as many meetings, but signaled that it is likely to move cautiously in coming months as worries grow over a slide into recession, triggering a selloff in the pound.

The central bank raised its key rate for the fourth time in as many meetings, but signaled that it is likely to move cautiously in coming months as worries grow over a slide into recession, triggering a selloff in the pound.

Source: Read More

PAID

Leave a Comment