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Discover Latest #Sterling News, Articles and Videos with Contenting
- ABC News ABC News features a wide variety of stories and videos related to sterling, a form of currency used in many countries. In addition to news stories about changes in the value of sterling and its impact on the global economy, ABC News also produces stories about the history of sterling, the British Royal Family's relationship with the currency, and other topics related to the currency. There are also videos about the making of British coins and the history of the Bank of England.
Sterling Finally Snapped. Speech by BoE Ramsden the Straw that Broke the Camel's Back. - Action Forex
Sterling finally snapped. A speech by Bank of England Ramsden was the straw that broke the camel’s back. He referred amongst others to the April CPI figure which will likely show the UK converging with the EU. Earlier last week, Bank of England governor Bailey also referred to that number which might even (temporarily) dip to/below the BoE’s 2% inflation target. Bailey’s comments suggested that the BoE would rather team up with the ECB in turning policy less restrictive in the near term than with the Fed which is clearly hinting at higher for longer.