Bank of England’s Bailey sees ‘subdued’ second-round inflation effects for now
Bailey said wage and price pressures remain muted, as the Bank of England keeps rates at 3.75% to curb inflation.
6 Articles
6 Articles
The President of the Bank of England (BoE), Andrew Bailey, said that he still sees little sign that the high energy prices caused by the conflict between the United States and Iran are generating significant long-term inflationary pressures in the United Kingdom. So far, I believe we are observing rather contained side effects, said Bailey in an interview with Bloomberg TV at the Federal Reserve (Fed) conference in Jackson Hole. Bailey highlight…
Bank of England’s Bailey sees ‘subdued’ second-round inflation effects for now
Aug 28 (Reuters) - Bank of England Governor Andrew Bailey said on Friday that he still saw little sign that the surge in energy prices caused by the U.S.-Iran conflict was creating serious longer-term inflation pressures in Britain. "So far I think w...
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
