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GBP/USD Outlook: Pound Suffers amid Rising Inflation, Hawkish Fed

Started by forex4you, Sep 07, 2022, 03:12 pm

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Sep 07, 2022, 03:12 pm
GBP/USD Outlook: Pound Suffers amid Rising Inflation, Hawkish Fed

Catherine Mann favors a tighter monetary policy. A balance of payments crisis is looming in the UK. Liz Truss is Britain’s new PM. Today’s GBP/USD outlook is bearish as investors dump the pound amid rising inflation. According to BoE policymaker Catherine Mann, the Bank of England should be ready to raise interest rates quickly to … Continued


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