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Sterling lifted by BoE comments on rate hike timing

Article content LONDON โ€” Sterling rose against the dollar on Thursday after a Bank of England policymaker said the central bank was likely to raise rates well into next year, while noting an increase could come earlier if the economy rebounds more quickly than expected. Gertjan Vliegheโ€™s comments helped lift sterling well into positive territory, up 0.4% on the day to $1.4184 by 1124 GMT. By afternoon trade, the pound was still up 0.36%, at $1.4174. We apologize, but this video has failed t...
United Kingdom Marc Cogliatti Neil Jones Mizuho Bank Validus Risk Ritvik Carvalho Editing

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