Pound Dips as Rate Hike Talk Eases; Oil Prices Hit 2017 Low

Pound Dips as Rate Hike Talk Eases; Oil Prices Hit 2017 Low

– LONDON – The British pound was under pressure Tuesday after Bank of England Governor Mark Carney reined back market expectations that the bank would soon raise interest rates, while oil prices struck 2017 lows on worries over a glut in the market. Elsewhere, markets were fairly flat amid a dearth of market-moving news. KEEPING […]