Pound hits $1.28, with UK economy predicted to ‘turn corner’ in 2024 – business…

Show key events only Please turn on JavaScript to use this feature Live feed Key events 13m ago Pound jumps over $1.28 14m ago Introduction: UK economy to 'turn a page' in 2024 13m ago 02.44 EST Pound jumps over $1.28 The pound has hit its highest level against the US dollar since the beginning of August, as investors continue to bet on falling US interest rates in 2024. Sterling has climbed to $1.2825, its highest level in almost five months, as the dollar weakens in somewhat thin trading this morning. The pound vs the US dollar ove the last six months Photograph: Refinitiv Traders are anticipating that the US central bank, the…