GBP/EUR Exchange Rate Outlook: Pound Flat Following BoE Inflation Concerns

GBP/EUR Exchange Rate Outlook: Pound Flat Following BoE Inflation Concerns

November 28, 2024 – Written by John Cameron

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The Pound to Euro (GBP/EUR) exchange rate traded within a tight range on Wednesday as investors reacted to comments by Bank of England (BoE) Deputy Governor Clare Lombardelli.

The Pound (GBP) remained steady on Wednesday, supported by comments from BoE policymaker Clare Lombardelli regarding inflation risks.

In an interview with the Financial Times, Lombardelli highlighted…
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