GBP/USD is falling back steeply after the Bank of England’ monetary policy committee left UK Bank Rate at 0.1% rather than increasing it by 15 basis points to 0.25%, as had been fully priced in by the markets. MPC members were split on the decision, voting 7-2 for the status quo, with the two dissenters wanting a hike.
What do you think about it?
What do you think about it?
