Sterling Stands to Benefit From Higher Rates 1246 GMT - Sterling stands to benefit as the Bank of England looks set to raise interest rates further, Ebury says. Markets are pricing in more than. | May 30, 2023
The FTSE 100 blue-chip index closed Monday down 1.4% to 7522 points on the back of weakness in the consumer-staples and energy sectors, amid increased fears of recession risks, CMC Markets UK chief.