The Bank of England, following the Fed’s lead, is prepared to slow down tightening of monetary policies. But, this does NOT mean the end to the rate-hiking cycles. The interest rate is expected to continue rising through 2023. What will this mean for the GBPUSD
Fundamental GBPUSD Weekly Forecast
With the Fed increasing the federal funds rate by half a percentage point and the derivatives marketplace expecting the ECB’s same, the Bank of England is able to slow down the pace of monetary tightening. Investors expect the interest rate to rise by half a point to 3.5% at the meeting on December… Read full author’s opinion and review in blog of #LiteFinance
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