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Bailey: Inflation will come down but it will take longer
BOE GOV. BAILEY: INFLATION WILL COME DOWN BUT IT WILL TAKE LONGER.
— Breaking Market News (@financialjuice) June 13, 2023
Added at 10:46am
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BoE’s Bailey: BoE Has Put More Inflation Persistence Into Models#BoE $GBPUSD
— LiveSquawk (@LiveSquawk) June 13, 2023
Added at 10:47am
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BANK OF ENGLAND'S BAILEY: LATEST LABOUR MARKET DATA SHOW VERY TIGHT LABOUR MARKET #News #Markets #BAILEY #ENGLAND #capitalhungry
— Capital Hungry (@Capital_Hungry) June 13, 2023
Added at 10:50am
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BOE's Bailey tells Lords that businesses are so worried about being unable to hire workers when they need them that they won't contemplate redundancies. "There is labour hoarding."
— Paul Hannon (@PaulHannon29) June 13, 2023