BOE's Forbes says rate needs to rise sooner rather than later

BOE's Kristin Forbes in Brighton

  • Next rate move will be an increase
  • UK domestic growth will continue, even if at a more moderate pace
  • The latest news on the international economy has not caused me to adjust my expectations
  • Current pessimism over outlook for EM's is overstated
  • UK is not immune if slowdown intensifies

GBPUSD has popped back to 1.5450 on the hawkish comments. This lady ain't for turning

Forbes is standing firm on next rate move

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