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...“It is all very well setting policy based on domestic inflationary dynamics,” he said, referring to recent comments by Bailey and Lagarde. He added: “I don’t think markets really believe them....
...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...
...“It’s like the Sherlock Holmes dog that doesn’t bark. If the second-round effects don’t come through, that’s good because monetary policy has done its job,” he said....
...“We aren’t holding out much hope for either,” admitted one Tory strategist. Campaigning by senior Conservatives has been low profile....
...The postponement was “the right decision” for Co-op Live “if they feel the venue is not ready to welcome visitors and their systems aren’t fully tested”, the council added....
...We haven’t ignored that,” Bailey said. But he added: “The depth and breadth of the work we do will be trimmed back somewhat. We will focus on core financial stability risks . . ....
...“We don’t need obviously inflation to come back to target before we cut interest rates,” Bailey said. “I must be very clear on that, that’s not necessary.”...
...Here to talk with me about it is the FT’s William Sandlund. Hi, William. William Sandlund Thanks for having me on....
...“The policy isn’t going to work as a deterrent,” said one ally of Sir Keir Starmer, Labour leader. “Sunak might think it’s better to have an election before people realise that.”...
...These are also conditional forecasts (although with underlying models I don’t like much)....
...The Bank says lots of things and, particularly if Bailey says them, people tend to listen....
...“[We] don’t blink on the fact we are going to pursue this as a region,” he said, adding: “And that might not be appealing to some Conservatives, let’s say.”...
...“They don’t have a tendency or loyalty to any one of the companies. They can buy their bubble tea or lemon tea from this company today and the other company tomorrow.”...
...(Spoiler: it won’t persuade them otherwise.) What is Banga’s World Bank doing for us?...
...We were meant to meet up for drinks, but then didn’t. Then he started asking for numbers of people. I was worried because he had stuff on me. He gave me a WhatsApp number, which doesn’t work now.”...
...“There can’t be any of these general challenges to the situation in Rwanda — any challenge has got to be very specific to the individual applicant,” said Chris Cole, a solicitor who sits on the Law Society...
...I don’t believe in Once Upon a Time.” Guglielmo Castelli: Improving Songs for Anxious Children runs from 15 April to 17 July at Istituzione Fondazione Bevilacqua La Masa, Venice...
...“The bottom line is we can’t justify spending several million pounds a year just to keep it standing and running when we have a budget gap which desperately needs filling....
...see how it won’t be big and negative....
...“Labour has said it will do things like fair funding and having long term funding commitments but won’t do more,” Betts said. “It helps but it doesn’t solve it.”...
...Senior MP William Wragg has quit the Conservative parliamentary party after admitting he provided phone numbers of colleagues to a man he was in contact with on Grindr, the gay dating app....
...But it’s not that the banks don’t have the capital; many of them do....
...Can’t decide? Read Oscars coverage and interviews with contenders here...
...At a press conference with Bernanke, Andrew Bailey outlined the reservations of some MPC members about publishing an interest rate forecast....
...“Either the government knew or Avanti didn’t make it clear,” said Memmott. “That’s really rather alarming.”...
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