Investors bet against pound over 'dire' threat of stagflation - Financial Times

Traders question how far the Bank of England can raise rates in the face of cost of living crisis

Investors are lining up bets that the pound will fall further after a tough start to 2022 as a “dire” mix of towering inflation and slowing growth darkens the UK’s economic outlook. Wagers that ster… [+4489 chars]

full article...