Pound Rises After King Comments Damp BOE Rate-Cut Speculation

Story date: 2007-10-10 09:45:00
Added on: 2007-10-10 18:00:21

Bloomberg - Oct. 10 (Bloomberg) -- The pound rose against the dollar after Bank of England Governor Mervyn King suggested he's reluctant to lower interest rates to shield lenders from increased credit costs, and pledged to fight inflation. The pound gained ...


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