# Capital Economics: Pound to find Support in 2018 as Bank of England Raises Rates Faster than Market Expects

> Capital Economics expects sterling to find support in 2018 as Brexit talks move to trade and the Bank of England raises rates faster than markets expect. The note followed a Brexit breakthrough and reports on the Northern Ireland border and the Brexit bill.

- Date: 2017-12-01 · published 2017-12-01T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/67725-capital-economics-pound-to-find-support-in-2018-as-bank-of-england-raises-rates
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

This is a currency forecast with no direct supply or demand effect on feed commodities.

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/gbp-live-today/8111-pound-to-find-support-vs-dollar-and-euro-in-2018-as-bank-of-england-raises-rates-faster-than-market-expects

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