OtherIMPORTANTNovember 5 at 07:53 AM

BoE Governor Bailey (Q&A) says the case for another 25bps could be fairly strong in the absence of a resolution to the conflict; adds that there is still a lot to see; need to see where inflation goes

ORIGINAL · NewsquawkBoE Governor Bailey (Q&A) says the case for another 25bps could be fairly strong in the absence of a resolution to the conflict; adds that there is still a lot to see; need to see where inflation goes

StockNow breaking-news AI analysis

Bailey said another 25-basis-point increase could have a strong case if the conflict remained unresolved, but emphasized uncertainty and the need to assess inflation.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

BoE Governor Bailey (Q&A) says the case for another 25bps could be fairly strong in the absence of a resolution to the conflict; adds that there is still a lot to see; need to see where inflation goes

What do investors think?

Today's market highlights

Senior US officials see a high probability of war with Iran, N12 TV reports

Pakistan's Deputy PM and Foreign Minister met Iran's ambassador and held separate calls with his Saudi and Omani counterparts over the past 24 hours to discuss regional de-escalation, Pakistani journalist Mallick reports

Fed's Hammack (hawkish dissenter) says gradual rate hikes less disruptive to economy and financial system and monetary policy needs to move to restrictive stance