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This aggressive rise coincides with a trend among major central banks battling the biggest price rise in decades. On Wednesday the Federal Reserve (FED)...
Tag - bank of england
Sterling was down 0.7% at $1,065, after falling to a session low of $1.0618. The Bank of England said it is sticking to its target of reducing its 838 billion...
Sterling fell against the US dollar as futures forecast a further 25 basis point hike in interest rates to 2% for the next Bank of England meeting in September...