British Pound (GBP) Price Outlook: GBP/USD Up Modestly as Haldane Hints at Tapering
GBP price, news and analysis:
Bank of England Chief Economist Andy Haldane says it might at some stage be time to reduce the central bank’s huge monetary stimulus program introduced to help the UK economy recover from the contraction caused by the coronavirus pandemic.
There was only a modest rise in GBP/USD after his comments hit the wires but they are still positive for the pair, improving the outlook albeit marginally.
Advertisement
GBP/USD outlook improves on Haldane comments
The outlook for GBP/USD has improved modestly after Bank of England Chief Economist Andy Haldane suggested Wednesday that the central bank might be closer to tapering its monetary stimulus program than thought previously.
British Pound (GBP) Latest: GBP/USD to Head Lower, EUR/GBP Lower Too
dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
British Pound (GBP) Latest: GBP/USD to Head Lower, EUR/GBP Lower Too
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
British Pound (GBP) Latest: GBP/USD to Head Lower, EUR/GBP Lower Too
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.