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...Andrew Bailey struck an upbeat note about the Bank of England’s efforts to quell inflation on Wednesday, insisting the latest data shows the UK is “pretty much on track” with the central bank’s forecasts...
...Liz Truss considered sacking Andrew Bailey as BoE governor after mini-Budget...
...“I was a democratically elected prime minister and Andrew Bailey is an appointee with an eight-year term, which makes him very hard to sack,” she added....
...Andrew Bailey told the Financial Times that rate cuts were “in play” at future meetings of the BoE Monetary Policy Committee amid signs that tighter policy had quelled the risk of a wage-price spiral....
...Andrew Bailey said inflation had “come down very rapidly” in the UK, but he wanted to see more progress in the key areas of services inflation, wage growth and the state of the labour market....
...Andrew Bailey said the BoE’s latest forecasts pointed to a “somewhat stronger growth story” ahead, although he also cautioned that trends in productivity and investment meant there was still a “very constrained...
...UK government bonds led a global rally on Tuesday as Bank of England governor Andrew Bailey told a parliamentary committee that the UK didn’t need inflation to come back to its 2 per cent target before it...
...Speaking to the Treasury select committee on Tuesday, Andrew Bailey said inflation had “come down very rapidly” in the UK, adding that the technical recession the economy entered last year is likely to be...
...Andrew Bailey, the BoE’s governor, told a parliamentary committee on Wednesday that the central bank had already reduced resources on climate-related work as a result and was reviewing it further....
...Andrew Bailey said during a visit in Washington that the UK remained “pretty much on track” compared with the BoE’s February inflation forecast, adding that he expected a further sharp drop to price growth...
...Book burns | Former UK prime minister Liz Truss considered sacking Andrew Bailey, Bank of England governor, as part of her attempt to dismantle an “economic establishment” that she says helped to bring her...
...We’ve got some big plans is one of the scarier things for a central banker to say, but Andrew Bailey did and we’re now, like everyone, on tenterhooks for the publication of Ben Bernanke’s review into the...
...It’s true to say that she is a weaker candidate than Bailey, but she has also faced less severe scrutiny than Bailey did....
...Gilts rallied following comments from Bank of England governor Andrew Bailey, as he cautioned that the central bank should not keep rates restrictive for too long....
...Haskel’s comments came after BoE governor Andrew Bailey last week told the FT that interest rate cuts were “in play”....
...The Bank of England kept rates steady at 5.25 per cent on Thursday as governor Andrew Bailey warned there was “still some way to go” before inflation hit its target....
...With views like these, you will understand that my ears pricked up when Bank of England governor Andrew Bailey gave evidence to UK parliamentarians last week....
...At a press conference with Bernanke, Andrew Bailey outlined the reservations of some MPC members about publishing an interest rate forecast....
...Bank of England governor Andrew Bailey has pushed back against market speculation about the prospect of interest rate cuts, insisting it is too soon to discuss easing policy given the continued risk posed...
...Andrew Bailey told MPs that investors were putting “too much weight” on current data releases that show a fall in headline inflation....
...Andrew Bailey was at pains to stress his resolve to further raise interest rates if necessary on Thursday, as the Bank of England governor warned there was a long way to go before policymakers could relax...
...Governor Andrew Bailey said things were “moving in the right direction” on UK inflation after the latest meeting of the Monetary Policy Committee, at which officials held the key rate at a 16-year high....
...Andrew Bailey has warned markets against underestimating the persistence of UK inflation and stressed he expected the Bank of England would keep interest rates high for an extended period of time....
...Andrew Bailey argued in a speech that the squeeze on household incomes from higher food and energy prices might still be influencing wage demands, which risks perpetuating inflationary pressures....
...Regulators including the BoE’s governor Andrew Bailey have previously cautioned the government against pushing its competitiveness agenda too far, and strongly resisted “call in” proposals that would have...
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