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Potential BOE Rate Rise Wouldn't Necessarily Boost Sterling — Market Talk

The Bank of England could raise interest rates in November in response to the energy price shock but this wouldn't necessarily strengthen sterling, Monex Europe analysts say in a note. "We are cautious about how much sterling can benefit from hikes forced by an energy shock that is simultaneously s…

The Bank of England could raise interest rates in November in response to the energy price shock but this wouldn't necessarily strengthen sterling, Monex Europe analysts say in a note. "We are cautious about how much sterling can benefit from hikes forced by an energy shock that is simultaneously s…