January 30, 2020 / 9:15 PM / 22 days ago

BoE asks regulator to investigate sterling jump before rate decision

LONDON (Reuters) - The Bank of England has asked Britain’s market regulator, the Financial Conduct Authority, to investigate a jump in the pound a minute before the central bank said it would keep interest rates on hold.

“We are aware of the incident and are looking into it,” the FCA said. The Bank confirmed it had asked the FCA to look into the incident.

Reporting by Kate Holton and Kanishka Singh; Editing by Chris Reese

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