Bailey: BOE Sees Inflation Little Over 3.5% by Year End
Bank of England Governor Andrew Bailey said inflation is expected to rise to “a little over 3.5% by the end of the year” as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank’s decision to keep interest rates on hold with sev
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Bank of England Governor Andrew Bailey said inflation is expected to rise to “a little over 3.5% by the end of the year” as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank’s decision to keep interest rates on hold with several policymakers saying they might consider future hikes.
Original article
Bailey: BOE Sees Inflation Little Over 3.5% by Year End
Published by Bloomberg