BoE’s Gov Bailey: Wouldn’t Over-Interpret Moves In Voting Patterns - We Think Path For Disinflation Remains In Place

post: BOE GOV. BAILEY: WE EXPECT TO BE ABLE TO CUT THE BANK RATE FURTHER post: BANK OF ENGLAND GOVERNOR BAILEY: WE EXPECT TO BE ABLE TO CUT BANK RATE FURTHER BUT WE WILL HAVE TO JUDGE MEETING BY MEETING HOW FAR AND HOW FAST ROAD AHEAD WILL HAVE BUMPS BEHIND UPTICK IN HEADLINE INFLATION STANDS A CONTINUED, GRADUAL EASING OF UNDERLYING INFLATIONARY… post: BoE Gov Bailey: Contact Of Weakening Economic Activity - Coming Rise In Inflation Almost Entirely Due To Factors Not Directly Linked To Pressures In The UK Economy - We Expect These Factors To Be Temporary post: BOE'S BAILEY: IT'S IMPORTANT TO A TAKE GRADUAL APPROACH TO EASING post: *BOE'S BAILEY: RISKS TO INFLATION ON BOTH SIDES *BOE'S BAILEY: SHOULD SEE 'GRADUAL' AND 'CAREFUL' TOGETHER *BAILEY: BOE MUST PROCEED CAREFULLY, JUDGE AFRESH EACH MEETING

In the week ending February 1, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 11,000 from the previous week's revised level. The previous ...