BOE's Bailey: Will not be rushed into raising rates despite rising inflation | EdgeTradings

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BOE's Bailey: Will not be rushed into raising rates despite rising inflation


Remarks by BOE governor, Andrew Bailey He points out supply and demand imbalances as a key factor driving the recent surge in inflation, adding that "we expect that to in a sense balance out and revert". Cunliffe yesterday that there will be a firmer take in August, so we'll see.

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