![BOE Rate Extension Period Fuels Sterling Strengthening BOE Rate Extension Period Fuels Sterling Strengthening](https://shmi.ir/wp-content/themes/shmi/images/no-thumbnail2.jpg)
[ad_1] Sterling strengthened against most other currencies, after Bank of England Governor Andrew Bailey and two other policymakers told the Treasury Select Committee that there is a possibility that the bank rate will be paused at 5.25% for an extended period. Catherine Mann, a member of the Monetary Policy Committee, was also present and warned