Bank of England says it won't hesitate to hike rates after pound falls to historic low

MORNING SQUAWK EMEA Tuesday, 27 September 2022 Bank of England says it won't hesitate to hike rates after pound falls to historic low Sterling fell as much as 4.8% to trade below $1.04 in the early hours of Monday morning, extending losses from late last week. » Read more U.S. warns of 'horrific' consequences if Russia uses nuclear weapons in Ukraine Putin issued a thinly veiled threat about using all means possible to defend Russian territory in his speech last week, stressing that he was "not bluffing." » Read more Pound tanking, massive tax cuts and talk of emergency hikes. Here's what's going on in the UK The first fiscal policy announcement from new British Prime Minister Liz Truss's government has been met with one of the worst market reactions in modern history. » Read more Apple begins making the iPhone 14 in India, marking a big shift in its manufacturing strategy Apple usually manufactures older iPhone models in India. With the iPhone 14, Apple is producing the latest model in its lineup near to the device's launch. » Read more As the pound slides, Goldman and others reveal the UK stock market's likely winners and losers Goldman Sachs, Morgan Stanley and more reveal the "ultimate" way to play a weak pound. » Read more Today's Guest Highlights on CNBC All times in CEST 06:30 Dr Olexiy Haran Professor of Comparative Politics / National University of Kyiv Mohyla Academy (UKMA) Ukraine Referendum 08:30 Charles Evans President and CEO / Federal Reserve Bank of Chicago Fed 09:30 Imogen Bachra  Head of UK Rates Strategy / NatWest Fixed Income Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632