BoE: rates may need to rise before late 2019

ReutersNewsPublished: May 11, 20172 views
Published: May 11, 2017

The Bank of England says it may need to raise interest rates before the late 2019 date that markets had been expecting, assuming Britain can leave the European Union smoothly in two years' time. As David Pollard reports, sterling actually fell despite the warning as traders reacted to the latest policy announcement.

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