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BoE Governor Bailey (Q&A) says he's not suggesting that if the current energy prices were in the forecast that they wouldn't have tightened today; is making the point that the inflationary pressures in the pipeline do justify a hike
ORIGINAL · NewsquawkBoE Governor Bailey (Q&A) says he's not suggesting that if the current energy prices were in the forecast that they wouldn't have tightened today; is making the point that the inflationary pressures in the pipeline do justify a hikeRead originalHide original
Is confident in saying that if BoE knew what would happen in the last 24hrs, rate decision would still have been justified
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Bailey said pipeline inflation justified a hike and that the decision would remain justified even if the Bank had known what would happen in the preceding 24 hours.
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Is confident in saying that if BoE knew what would happen in the last 24hrs, rate decision would still have been justified
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