Bloomberg The pound climbed to the highest level against the dollar since just after Brexit vote and UK government bonds tumbled. Sterling surged past $1.36 after Vlieghe, considered a dovish voter, turned hawkish to tell a conference that the moment was approaching for a rate hike. The premium to hold call options on the pound relative to puts rose to …

Bloomberg Governor Elvira Nabiullina really means it when she says the Bank of Russia will follow no predetermined course on rates. Its outlook will allow for pauses as well as cuts of 25 to 50 basis points, depending on forecasts and the situation with inflation and the economy, Nabiullina told reporters in Moscow. The governor spoke after the central bank …

Bloomberg Bank of England (BOE) policy maker Gertjan Vlieghe, regarded as one of the more dovish members of Monetary Policy Committee, said that he may support raising interest rates in the near future. The pound extended its advance as he put himself among the majority of MPC members who this week said an increase in borrowing costs could be needed …