# Pound falls as Bank of England says Boris Johnson’s Brexit deal will hurt UK economy | The Independent | The Independent

> The pound fell about 0.25% against the dollar after the Bank of England said Boris Johnson's Brexit deal would reduce growth. Two policymakers had voted for a rate cut and the bank cut its 2020 and 2021 growth forecasts.

- Date: 2019-11-07 · published 2019-11-07T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/56319-pound-falls-as-bank-of-england-says-boris-johnson-s-brexit-deal-will-hurt-uk
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The BoE's growth downgrade and dovish tilt weigh on sterling, a currency move with little direct effect on feed grain or protein prices.

## Sources

- independent.co.uk: https://www.independent.co.uk/news/business/news/pound-falls-boris-johnson-brexit-deal-bank-of-england-economy-forecast-a9191496.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.