Pound Ends Slide; Pimco Says Mid-2016 Rate Increase Plausible

Updated on
  • BOE seems to be 'distancing itself' from Fed policy: Amey
  • Markets pricing in almost a year between Fed and BOE liftoff

The pound rose against the dollar, breaking a three-day run of losses that pushed it to a six-month low, as investors re-assessed how quickly the Bank of England will follow the Federal Reserve in raising interest rates.

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