Bailey Says Higher Market Rates Are Buying BoE Time to Evaluate Energy Shock
Bank of England Governor Andrew Bailey signaled that rising market borrowing costs are helping tighten financial conditions naturally, reducing pressure for immediate additional policy action from the central bank. Testifying before lawmakers on today, Bailey
Bank of England Governor Andrew Bailey signaled that rising market borrowing costs are helping tighten financial conditions naturally, reducing pressure for immediate additional policy action from the central bank. Testifying before lawmakers on today, Bailey said the jump in market interest rates since the outbreak of the Iran war — particularly in mortgage costs — […] The post Bailey Says Higher Market Rates Are Buying BoE Time to Evaluate Energy Shock appeared first on ActionForex.