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...Bailey, like Christine Lagarde at the European Central Bank, has been keen to signal that the BoE will set its own course....
...“Some people are satisfied with mediocrity, I’m not mediocre.”...
...Bailey hinted the idea was under consideration but suggested he was not convinced whether it was the right way for the BoE to go. “I’m certainly in two minds about the dot plot,” he said....
...christine.murray@ft.com...
...But he said market expectations that the BoE was going to cut rates during this year were not “unreasonable”, adding: “I’m comfortable with a profile that has cuts in it, but that is not to say when or how...
...I’m just gonna . . . Christine Braamskamp Oh yes. Absolutely. And then I get terribly cross with myself when I don’t set the line....
...In 1980, when 37 people died in the burning of the Spanish embassy in Guatemala City, and the M-19, a Colombian guerrilla group, held diplomats hostage at the Dominican Republic’s embassy in Bogotá....
...The owners of the long faces you show — Jay Powell, Andrew Bailey and Christine Lagarde — should do their homework (“Central banks rethink forecasting after failures”, Report, December 29)....
...I guess I’m wondering, though, what could hold the country back from capitalising on the fact it’s become so attractive to investors? Christine Murray So there are a lot of drags on this phenomenon....
...Christine Lagarde, president of the European Central Bank, this month told the Financial Times that she was not expecting rate cuts for at least “the next couple of quarters” even after the ECB held rates...
...But I’m afraid we have got to continue to do the work to make it happen.”...
...I’m very much in the gradualist camp.” Even if headline inflation fell sharply in the coming months, he said, “I am trying to find out what the underlying, persistent measures are . . ....
...“I’m just observing,” she says....
...Christine Lagarde, the ECB’s president, told the Financial Times in a recent interview that the central bank needs to learn from its mistakes....
...I’m not suggesting it will be much lower, but there have been many surprises recently....
...I’m the last person on earth to discover these books but I am very much enjoying making my way through them....
...The Bank of England is expected to make its first cut in the summer as governor Andrew Bailey notes “encouraging signs” on inflation....
...But some analysts think Bailey now needs to at least open the door to a change of tack later this year — as Fed chair Jay Powell and European Central Bank president Christine Lagarde have already done....
...“I’m still asking myself . . . how did this change happen?” said Lina Vega, president of Panamanian non-profit Fundación Libertad Ciudadana....
...“I considered myself a cautious optimist on the nearshoring issue — I think now I’m more optimistic,” said Miguel Ángel Alcaráz, a partner at McKinsey in Mexico City, who recently returned from talking to...
...[but] in the most recent period, we’ve started regaining overall market share, so that pendulum has swung,” said James Bailey, who runs Waitrose, on Thursday....
...Christine Lagarde, ECB president, warned on Thursday that there was “work to be done” before inflation fell to its 2 per cent target while Andrew Bailey, BoE governor, said there was “still some way to go...
...ECB president Christine Lagarde said summer was most likely, Fed chair Jay Powell pushed back on a March cut, and the BoE governor Andrew Bailey wants to wait for more evidence....
...I’m happy with that. Neuraé will launch on 2 April at neuraeparis.com...
...“I’m not sure what else they have left,” he said....
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