Bloomberg Television
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Why 5 Straight BOE Rate Hikes Haven't Helped the Pound
Posted
July 6, 2022
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July 6, 2022
5,654
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1:30Now PlayingThe Bank of England has hiked rates at five straight meetings, faster than some of the other major central banks, but the pound hasn't benefited and volatility gauges depict a bearish outlook for the UK currency. "The market is worried about growth," says Jane Foley, head of FX strategy at Rabobank. She speaks on Bloomberg Television.
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