poor pound it is been hit from every side!
Sterling Set To Slide: BOE Declines To Dismiss Speculation Carney May Announce Decision To Leave
As noted here yesterday, citing reports in British newspapers such as The Times and Mail Online, Mark Carney’s "self-imposed deadline" for declaring whether he will stay in office beyond 2018 is fast approaching, and the central banker may decide to step down as soon as next week. Reportedly, the 51-year old Canadian may announce his decision "within days" at his next scheduled public appearance on Thursday, when the BOE announces its policy decision and the governor holds a press conference in London. Today, the FT followed up with a report that suggests Carney's tenure at the BOE may indeed be coming to an end, ... (full story)