Home Page : Archive News : May 2022 News : British pound plummets as Bank of England warns of recession risk | |
British pound plummets as Bank of England warns of recession risk | |
May 09, 2022 Bank of England policymakers warned that GDP growth is expected to slow sharply and inflation could peak at 10% this year. Source: https://www.cnbc.com/2022/05/05/british-pound-sinks-against-dollar-set-for-worst-daily-drop-since-march-2020.html |