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BOE's Bailey: We still face a question on whether a persistent component of inflation is on course to decline to a level consistent with 2%
BOE GOV. BAILEY: WE STILL FACE A QUESTION ON WHETHER A PERSISTENT COMPONENT OF INFLATION IS ON COURSE TO DECLINE TO A LEVEL CONSISTENT WITH 2% INFLATION.
— FinancialJuice (@financialjuice) August 1, 2024
Added at 7:44am
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BOE GOV. BAILEY: THE FORECAST IS CONSISTENT WITH A BENIGN VIEW OF PERSISTENCE.
— FinancialJuice (@financialjuice) August 1, 2024
Added at 7:45am
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BOE GOV. BAILEY: WE GIVE SOME WEIGHT TO AN ALTERNATIVE, LESS BENIGN INFLATION PERSISTENCE SCENARIO.
— FinancialJuice (@financialjuice) August 1, 2024
Added at 7:48am
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BOE'S BAILEY - ASKED IF BOE RATE POLICY IS "ONE AND DONE", SAYS WILL GIVE NO VIEW ON PATH OF RATES
— PiQ (@PiQSuite) August 1, 2024
** BOE GOES MEETING TO MEETING, MAKING JUDGEMENT BASED ON EVIDENCE
** MPC CONTINUES TO REMAIN HIGHLY ALERT TO RISKS OF INFLATION PERSISTENCE
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- Momofrmnyc
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