OtherIMPORTANTSeptember 25 at 05:36 AM

BoE's Bailey says they are currently seeing quite subdued pass through of energy prices, but it remains early. Notes the tightening of financial conditions. Cannot wait for full evidence on 2nd round effects.

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BoE Governor Bailey noted subdued energy price pass-through and tighter financial conditions, warning policymakers cannot wait for complete evidence on second-round inflation effects.

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