Pound Is Little Changed Before Bank of England Decides on Interest Rates

(Bloomberg) -- The pound was little changed before the
Bank of England's monthly meeting today, at which policy makers
are expected to keep interest rates on hold.

The U.K. central bank will leave borrowing costs at a six-
year high of 5.5 percent after four increases in the past year,
according to a Bloomberg News survey of economists. The pound has
risen this year after two surprise increases in rates and a report
showing inflation at a decade high of 3.1 percent.


Read more at Bloomberg Currencies News