Original article by
abc.net au – Page: Online : 3-Nov-17
The British pound has fallen against the US and Australian currencies in response to the Bank of England’s decision to increase its benchmark interest rate by 25 basis points to 0.5 per cent. It was the central bank’s first increase in official interest rates since 2007, and two members of its Monetary Policy Committee voted against a rate rise amid concerns about sluggish growth in wages and the economy.
BANK OF ENGLAND, UNITED STATES. FEDERAL RESERVE BOARD, EUROPEAN CENTRAL BANK