Uk Pound Drops As Central Bank Chief Tempers Rate Hike Talk

NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Fri, 04/20/2018 - 3:40am

LONDON (AP) — The British pound is falling from post-Brexit highs after the Bank of England's governor tempered market expectations of another interest rate hike next month. In comments to the BBC on Thursday, Mark Carney noted some recent soft economic data, and reiterated that any interest rate rises would be gradual. He said: "I don't want to get too focused on the precise timing — it is more about the general path.Read more on NewsOK.com

NEXT
Topics:  london ap     the british   bank   england   bbc   mark carney   newsok   he   pound   rate hike   interest   
BING NEWS:
  • Dinner lady wins incredible £3m Omaze home
    Rose Doyle (73) has won the latest Omaze Million Pound House Draw – and is now ... to bring our world back to life.” James Oakes, Chief International Officer at Omaze, said: “Everyone ...
    04/11/2024 - 9:01 pm | View Link
  • What is the UK inflation rate and how does it affect me?
    The European Central Bank raised its key interest rate to a record high 4% in September, and has left it there. At its March meeting, the US central bank again kept its key interest rate at ...
    11/17/2021 - 11:04 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News