BoE Governor Bailey (Q&A) says inflation is bad for everybody, most difficult for those on low incomes and those looking for work
ORIGINAL · NewsquawkBoE Governor Bailey (Q&A) says inflation is bad for everybody, most difficult for those on low incomes and those looking for workRead originalHide original
In these uncertain conditions, BoE cannot give certainty on where inflation will go Focus must now be on ending the conflict, which is heavily focussed on energy The energy upside is not passing through to other sectors yet, but there are risks that it may
Bailey described inflation as especially difficult for low-income people and jobseekers, noted uncertainty about its path, and flagged a possible wider pass-through of energy costs.
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In these uncertain conditions, BoE cannot give certainty on where inflation will go Focus must now be on ending the conflict, which is heavily focussed on energy The energy upside is not passing through to other sectors yet, but there are risks that it may
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