General World News

MPC votes 9:0 – GBP/USD slides

A unanimous vote in the MPC: all 9 members voted against a change in rates. The one member that voted for a hike in the past changed his mind and aligned with the majority.The Bank of England lowered forecasts. The growth forecast is now 2.2% instead of 2.5%. They blame the global economy, which is […]

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Source : ForexCrunch.Com