British Rate Hike in May Highly Likely, Strategist Says
By: 
Adam Gault | Digital Vision | Getty Images
British Pound
The Bank of England held interest rates steady today, and the British pound felt the effects.
But "consensus is rapidly gathering itself around the idea" that "May is the month" for a rate hike, said Kit Juckes, global head of foreign exchange strategy at Societe Generale.
Juckes expects an increase right around the time the bank releases its latest inflation report, he said. Take a listen, right here. ...
Tune In: Beginning March 11th, CNBC's "Money in Motion Currency Trading" will air on Fridays at 5:30pm.
"Money in Motion Currency Trading" will repeat on Saturdays at 7pm.
The Bank of England held interest rates steady on Thursday, but consensus is building that a hike will come in May, says this strategist.
