ICYMI: BoE's Bailey says won't rush to raise rates on oil-driven inflation spike
From the original
Bailey's comments reinforce a patient BoE reaction function, leaning against any near-term case for a rate move despite inflation set to climb to 3.2% later this year. His framing that the bond market has already done some of the tightening work, via higher market rates since the
Related speeches
4 itemsAdam Button
BOE's Bailey: The inflation overshoot is entirely due to events in the Persian Gulf
Giuseppe Dellamotta
BoE Governor Bailey: No evidence of second-round effects; cannot draw too much comfort from this
Giuseppe Dellamotta
BoE Governor Bailey: No evidence of second-round effects; cannot draw too much comfort from this
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