Reuters was first to report the Bank of England would not hesitate to change interest rates and was monitoring markets “very closely” after the pound plunged to a record low in response to the new government’s financial plans. The sterling fell about 1.5% against the U.S. dollar to $1.0671 from $1.082 before the Bank of England statement
The post Reuters reveals Bank of England comment on interest rates; sterling falls appeared first on Reuters News Agency.