BoE’s Bailey says market curve shows inflation “risk premium”
Andrew Bailey said investors are pricing three Bank of England rate hikes over the next 12 months because inflation risks remain tilted higher.
6 Articles
6 Articles
The President of the Bank of England (BoE), Andrew Bailey, said on Tuesday (8) that he wants to dispel the idea that it is only a matter of time before the British central bank increases interest rates, rather than a possibility that depends on economic and geopolitical developments. Bailey stated that investors have predicted interest increases above what can only be explained by the most likely trajectory of BoE's policy, a risk award that ref…
BoE’s Bailey says market curve shows inflation “risk premium”
Sept 8 (Reuters) - Bank of England Governor Andrew Bailey said the market curve for interest rate expectations reflected investors adding a "risk premium" because of their worry about further energy price increases. Bailey told lawmakers from parliam...
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