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Thursday, 29 June 2017 - 11:02
Pound jumps on Bank of England Governor's rate rise hint
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The pound jumped nearly 1% after the governor of the Bank of England suggested that interest rates could rise if business investment grows.

Sterling rose to $1.2936 against the dollar after Mark Carney said that "some removal of monetary stimulus is likely to become necessary".

He said a change would depend on whether company investment could offset a slowdown in consumer spending.

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