OtherIMPORTANT
BoE Governor Bailey (Q&A), asked about second-round effects and the BoE's difference in views vs the OBR's, says there is some difference in the timing of the two sets of projections
ORIGINAL · NewsquawkBoE Governor Bailey (Q&A), asked about second-round effects and the BoE's difference in views vs the OBR's, says there is some difference in the timing of the two sets of projectionsRead originalHide original
One reason we may not have seen second-round effects is that firms talk a lot about reducing costs and margins Says there is a diverse picture opening up in the economy
StockNow breaking-news AI analysis
Bailey noted different timing in BoE and OBR projections, firms’ cost- and margin-reduction talk as one possible reason second-round effects may not have appeared, and a diverse economic picture.
News detail
One reason we may not have seen second-round effects is that firms talk a lot about reducing costs and margins Says there is a diverse picture opening up in the economy
What do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.