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Pound rises after BOE economist turns hawkish

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The pound jumped on Wednesday after a Bank of England (BOE) policymaker said that he expected to back an interest rate hike this year while commodity-linked currencies such as the Canadian dollar and Norwegian krone took a hit on declining oil prices.

London

THE pound jumped on Wednesday after a Bank of England (BOE) policymaker said that he expected to back an interest rate hike this year while commodity-linked currencies such as the Canadian dollar and Norwegian krone took a hit on declining oil prices.

BOE chief economist

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