ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »Pound slips after inflation, Saunders boost BOE rate bets
Bloomberg The pound slid and gilts rallied after inflation data backed up Bank of England (BOE) policy maker Michael Saunders’ call for urgent stimulus to boost the UK economy. Sterling dipped below $1.30 and 10-year government bond yields dropped to the lowest in seven weeks the data fuelled bets that the central bank will lower interest rates this year. Money ...
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