# Business Live: Pound gets BoE bump - BBC News

> UK business live coverage on 21 February noted sterling rising after the Bank of England's comments, while US stocks fell after Fed minutes suggested further rate hikes may be needed due to tax cuts. The Dow closed down 0.7%.

- Date: 2018-02-21 · published 2018-02-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/66737-business-live-pound-gets-boe-bump-bbc-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of further Fed hikes support the dollar and can pressure dollar-priced commodities, though this is general market wrap material without a feed-specific driver.

## Read by commodity

- DXY: bullish ▲

## Sources

- bbc.co.uk: https://www.bbc.co.uk/news/live/business-43085805

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