Brexit Looms Over BOE's Super Thursday
The pound halted a decline versus the euro before the Bank of England announces its latest policy decision and economic forecasts. Sterling has weakened 0.8 percent versus the 19-nation shared currency this month, after strengthening in April in its first monthly gain since November. Its drop resumed as data from construction to manufacturing added to evidence that growth is slowing before Britain’s June 23 referendum on whether to withdraw from the European Union. UniCredit Lead UK Economist Daniel Vernazza discusses with Bloomberg's Francine Lacqua on "The Pulse."