Bank of England Deputy Governor Jon Cunliffe, said on Friday that they are seeing a strong rebound in the economy as COVID restrictions are eased, as reported Reuters.
Featured statements
“We hear reports from companies struggling to cope with increased demand.”
“Face-to-face retail on Main Street has been a long time coming back.”
“Urban centers will have challenges in the coming years.”
Market reaction
These comments do not appear to have a significant impact on the performance of the British pound against its rivals. At time of writing, the GBP / USD pair was up 0.44% on the day at 1.4165.
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