Sterling suffers after BoE loses a hawk and cuts growth forecasts

Sterling suffers after BoE loses a hawk and cuts growth forecasts

By Financial Times

The pound received a pummeling after the Bank of England voted 6-2 to leave rates on hold and cut growth forecasts in its quarterly inflation report. John Wraith, head of UK rates strategy and economics at UBS joins the FT's Michael Hunter to plot where the pound fits in with the shifting outlook for monetary policy under the shadow of Brexit. Read more at Brexit uncertainty is holding back investment, Mark Carney warns

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