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Sterling extends slide as Carney punctures rate hike bets

Friday, April 20, 2018 - 01:47

Britain's pound has been knocked off its recent strong gains by comments from Bank of England governor, Mark Carney, that undermine expectations a UK rate hike in May. As David Pollard reports, sterling was down 1.35 percent for the week.

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Britain's pound has been knocked off its recent strong gains by comments from Bank of England governor, Mark Carney, that undermine expectations a UK rate hike in May. As David Pollard reports, sterling was down 1.35 percent for the week.

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Sterling extends slide as Carney punctures rate hike bets

Friday, April 20, 2018 - 01:47