Traders short sterling as bets on Bank of England rate cuts grow UK economy Currency traders have been building up short positions on the pound in the hope that the the the Bank of England (BoE) will cut the base rate before the US's Federal Reserve (Fed).
Bank of England commits to ‘once in a generation’ reform after Bernanke review UK Economy The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.