Markets

Forward guidance

Name: Forward guidance
Uploaded: 2013-11-14T10:45:56.182Z
Duration: 4 min 36 s
Channel: Financial Times
Description: James Mackintosh wonders why the pound has not climbed more

The Bank of England says it could tighten monetary policy around 18 months earlier than it suggested just three months ago. This boosted the pound, but James Mackintosh, the FT’s investment editor, examines why sterling has not climbed much more.

November 14, 2013

Filmed by Rod Fitzgerald. Produced by Darryl Thomson.