It's been another turbulent week for the Pound, as both monetary and fiscal headlines out of the UK triggered sharp market reactions.
Between the Bank of England's closely contested rate decision and Chancellor Rachel Reeves’ pre-budget speech, sentiment toward Sterling remains fragile heading into the final stretch of the year.
Bank of England Holds at 4% - But Signals Easing Ahead
On Thursday, the Bank of England voted 5–4 to keep the Bank Rate unchanged at 4%, marking one of the closest decisions in recent memory.
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