BBCNEWS BBC News June 4, 2024 16:24:00
Pound spiked very briefly and dropped further sharply and now is leveled up of roughly where it was a for that is a pretty historic low in the press of those long—term bonds of government have dropped about 1% and so that is the good news and that's with the bank was looking for and take a breath. this is driven by market sentiments, let's face it after the volatility in recent weeks, the bank felt they had to do something. they have two main levers to act put interest rates up an emergency move, i think there will be considered as pretty desperate move, kneejerk site think the second option...