"The narrative is so powerful at the moment it is hard to see sterling recovering much ground" - JP Morgan.
Read more … →"Further increases in long-term inflation expectations or a further sharp GBP depreciation could lead to a faster hiking pace in coming months" - Goldman Sachs.
Read more … →GBP hammered in wake of BoE decision as fears of recession grow. But other central banks will take a similar view and this could release pressure on GBP.
Read more … →The British Pound has come under notable pressure after the Bank of England raised interest rates but warned the economy was due to slow sharply over coming months.
Read more … →TD Securities on potential outcomes for the Pound in the wake of Bank of England interest rate decision.
Read more … →A falling Pound Sterling boosts UK inflation and is therefore a potential concern for the Bank of England as it goes about its business of setting interest rates and trying to stabilise inflation.
Read more … →Bank must keep hiking to stave off inflation, even if it results in recession. And the GBP will bear the cost.
Read more … →