BOE’s Bailey: Today’s labour market data back my view of softening

Forex Short News
  • There is stretched pricing in equity market related to AI
  • We are not seeing a lot of impact yet on prices from tariffs
  • UK businesses tell me they are delaying investment decisions due to uncertainty

Cable is down 16 pips today to 1.3316 and hasn’t moved on these comments.

This article was written by Adam Button at investinglive.com.