Sterling Falls After BOE's Bailey Hints at More Aggressive Rate Cuts
Sterling fell to a two-week low against the dollar and a 10-day low versus the euro after Bank of England Governor Andrew Bailey signalled the prospect of more aggressive interest-rate cuts if inflation continues to ease.
Sterling fell to a two-week low against the dollar and a 10-day low versus the euro after Bank of England Governor Andrew Bailey signalled the prospect of more aggressive interest-rate cuts if inflation continues to ease.
