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2025-09-17 19:21:16
Is the British Pound Under Pressure? Central Bank Decisions May Be a Short-Term "Smokescreen"? ⑴ Institutional analysts suggest that the upcoming policy decisions by the Federal Reserve and the Bank of England are likely to be only a temporary distraction for British Pound investors. The Federal Reserve is expected to announce a 25 basis point interest rate cut in the early morning hours of the 18th (1800 GMT on the 17th) Beijing time. ⑵ In contrast, the Bank of England is expected to keep interest rates unchanged. Analysts believe this is not entirely positive for the British Pound, especially compared to the Euro, given the UK's weaker fundamentals than the Eurozone. ⑶ The UK's economic weakness and fiscal risks are likely to continue to exert downward pressure on the British Pound in the medium term. The British Pound fell 0.1% against the US Dollar to $1.3640. ⑷ However, the British Pound rose against the Euro, which fell 0.2% to 0.8675 per Euro.
