BOE's Broadbent says there will be some pain from rate hike - ConsultFX

BOE's Broadbent says there will be some pain from rate hike

BOE deputy governor Broadbent speaking to the BBC 3 Nov - this is a moderate rate rise - we should keep scale of rate rise in context - investment weaker,consumption affected since Brexit vote GBPUSD now back to 1.3057 after posting new recent lows of 1.3033. at 1.3000 will also help support further declines. Time to take a Copyright 2015 Forexlive.com