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GBP/CHF accelerates lower as BoE close to end of tightening cycle

GBP/CHF accelerates lower as BoE close to end of tightening cycle
Sterling dives broadly after BoE rate decision. CPI is now projected to fall back to below 2% target in the medium term, based on conditioned forecasts with interst rate peaking at 4.50% in mid-2023. That is, with Bank Rate at 4.00% after today’s 50bps hike, BoE is now close to the end of the tightening […] The post GBP/CHF accelerates lower as BoE close to end of tightening cycle appeared first on Action Forex... Read More
Posted: Feb 2 2023, 12:36
Author Name: actionforex
Views: 110733

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