Showing posts with label central bank rates. Show all posts
Showing posts with label central bank rates. Show all posts

Monday, May 26, 2014

Pound Climbs as Retail-Sales Surge Stokes Rate Bets

The pound strengthened for a fourth week against the euro as a jump in U.K. retail sales stoked speculation the Bank of England will hasten its plans to raise interest rates as the economy expands.