BOE, Bailey, Bangkok. What could possibly go wrong? Preview and 3 questions for the Governor
GBP/USD — All Desk Targets
20 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bearish | 1.3300 |
ING | Neutral | 1.3500 |
MUFG | Bullish | 1.4000 |
From the original
Sterling and short-dated gilts are most exposed to Bailey’s remarks, because front-end pricing already assumes a November hike is close to a done deal. If he endorses that view, rate support for the pound stays in place. Any hint of patience, or emphasis on the softer jobs market
Related speeches
4 itemsEamonn Sheridan
Bailey says UK second-round inflation effects subdued so far, too early to judge
Pound Stays Pressured as Bailey Cools Rate Hike Bets - Pound Sterling Live
Giuseppe Dellamotta
BoE Governor Bailey: No evidence of second-round effects; cannot draw too much comfort from this
Greg Michalowski
More like this
5 itemsFed's Daly: Jobs report is good news
BOJ's Ueda: Consumer prices now around 3% and expected to rise further into early next year
BoE's Pill: No repeat of 2022 hiking cycle as growth risks could keep rates on hold
Fed's Williams says US economy remains resilient, appropriate time to gather more information