BoE could cut rates again this year, says StanChart
Nick Verdi, FX strategist for the UK bank in New York, sees sterling ending 2016 at $1.20
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The Bank of England (BoE) could cut interest rates further this year, as investment inflows into the UK show signs of slowing and economic activity sputters amid the uncertainty created by the referendum vote to leave the European Union, says Standard Chartered, the winner of FX Week's three-month forecast tables.
Despite a pick-up in inflation since the vote, the BoE is likely to be comfortable with the rate of price increases, says Nick Verdi, senior FX strategist at
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