# Business Live: Pound down on rate outlook

> Sterling was down about 0.24% against the dollar at $1.2294 after comments from Bank of England policymaker Michael Saunders on possible post-Brexit rate cuts. The same live blog reported the release of the Stena Impero tanker from Iran.

- Date: 2019-09-25 · published 2019-09-25T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/57315-business-live-pound-down-on-rate-outlook
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Currency weakness on rate-cut expectations is a minor macro factor for feed markets. The tanker release has little bearing on commodity supply or prices.

## Sources

- bbc.co.uk: https://www.bbc.co.uk/news/live/business-49770896?page=2

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