Bank of England Governor Andrew Bailey on Thursday signaled that financial markets may be correct in their expectations for the future path of rate cuts. Speaking to CNBC, Bailey said he was “not going to commit” to a specific timeline for rate cuts, but added that he did not object to the market consensus. “I’m not going to give a view on how many cuts there’ll be and when they will be. But I think that view that the market is taking is not one I object to,” he told CNBC’s Steve Sedgwick. Investors priced in four rate cuts by the end of this year after the central bank voted to hold interest rates steady at 5.25% ... (full story)