Sterling Trims Gains After U.K. PMI Data Miss Forecasts
Sterling trimmed its gains after provisional U.K. PMI data for October missed expectations, with S&P saying cost pressures were easing, and the BOE could therefore cut interest rates more aggressively if the economic slowdown deepens.
Sterling trimmed its gains after provisional U.K. PMI data for October missed expectations, with S&P saying cost pressures were easing, and the BOE could therefore cut interest rates more aggressively if the economic slowdown deepens.
