Bank of England's Bailey says second-round inflation pressures look subdued so far
BANGKOK: Soaring energy prices so far appear to be having limited wider effects on British prices, but it is too soon to draw firm conclusions, Bank of England Governor Andrew Bailey said on Friday. “I think it’s too early, but to the extent we’ve se...
BANGKOK: Soaring energy prices so far appear to be having limited wider effects on British prices, but it is too soon to draw firm conclusions about how strong such second-round effects will be, Bank of England Governor Andrew Bailey said on Friday. Most economists now expect the BoE to start raising rates next month, according to a Reuters poll, after keeping policy on hold since the outbreak of the US-Iran war ...