U.K. Inflation Is at 5-Year Highs, but Why is the Pound Dropping?

British inflation is surging, and the Bank of England (BOE) is seriously considering raising interest rates sooner rather than later. So then why is the British Pound failing to pick up speed? The answer lies in Mark Carney’s latest warning on Brexit.   The U.K.’s consumer price index (CPI) reached 3% in the 12 months […]