PoliticsIMPORTANT

BoE's Bailey (Q&A) says it would be wrong to think from today's statement that the BoE is edging towards a hike. Said, "do not leave the room thinking the BoE is edging towards a hike, because frankly there's nothing in what I said along those lines"

StockNow breaking-news AI analysis

BoE Governor Bailey denied plans for imminent rate hikes despite a 6-3 vote to hold rates at 3.75%. Markets remain cautious due to Middle East-driven inflation risks.

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