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Bailey says BOE is navigating a narrow path on policy
Added at 7:37am
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BoE's Bailey: UK Inflation Well Above Target In Near Term, Subsequently Falls Below Target
— LiveSquawk (@LiveSquawk) May 5, 2022
Added at 7:41am
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BOE GOV. BAILEY: THE RISKS TO INFLATION ARE SKEWED TO THE UPSIDE.
— Breaking Market News (@financialjuice) May 5, 2022
Added at 7:41am
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BOE GOV. BAILEY: WHEN CPI INFLATION FALLS, IT WILL FALL RAPIDLY.
— Breaking Market News (@financialjuice) May 5, 2022
Added at 7:43am
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Biggest one day move for Sterling against the USD since 2020. BOE expects sharp slow down in economic activity.
— Naeem Aslam (@NaeemAslam23) May 5, 2022
Why on earth are you increasing interest rate then?!! pic.twitter.com/qQVTunifud