UK's Bailey 'optimistic' that BoE can cut rates further
Bank of England Governor Andrew Bailey said on Thursday he was "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further, but declined to be drawn on timing.
BOE Rates on 'Gradual Path Down,' Bailey Says
Bank of England Governor Andrew Bailey says interest rates are on a "gradual path down" but the central bank needs more evidence to action further rate cuts. Bailey was speaking after the BOE announced its decision to hold interest rates.
Bank of England holds interest rates but Andrew Bailey flags further cuts
While the Bank of England did not follow the Fed’s lead, Andrew Bailey, the Bank’s governor, flagged that further rate cuts were on the way.
Bailey speech: Optimistic UK interest rates will fall further
Bailey further explained that they need to see residual inflation pressures disappearing and that it's imperative that UK improved its current potential growth of 1.2%-1.3%. He also noted that the UK government will take the right decision on treatment of QT in fiscal rules.
Bailey optimistic Bank of England can cut rates further
Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further. Report by Ajagbef. Like us on Facebook at
The Bank of England has 'some room' to cuts rates but it's unlikely, economist says
Yael Selfin, chief economist at KPMG UK, discusses the country's inflation data and what it could mean for the Bank of England's decision.
Bank of England governor optimistic on gradual interest rate cuts
Bank of England Governor Andrew Bailey expresses optimism about interest rates gradually decreasing but stresses the need for continued monitoring to keep inflation at the 2% target.
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