Article taken from: finance.yahoo.com
The BoE Hits the Pound. Uncertainty Has Become the Hip Word for Central Banks Read full article September 17, 2020, 3:49 PM · 3 mins read The September MPC The Monetary Policy Committee of the Bank of England left interest rates unchanged at 0.10% today. […] The QE total consists of the BoE’s existing programs of UK government bond and sterling non-financial investment-grade corporate bond purchases financed by the issuance of central bank reserves. […] The British Pound At the time of writing, the Pound was down by 0.71% to $1.28748. […] When considering key stats due out and Brexit and COVID-19 uncertainty, it is going to be a rocky road for the Pound.
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