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Posted 4 hours ago
BoE Governor Bailey: Second-Round Inflation Effects Remain Subdued
Bank of England Governor Bailey said signs of second-round wage and pricing effects from inflation remain subdued, with businesses focused on cost-cutting rather than price increases. He cautioned it is too early to form firm views on the strength of these effects. The assessment suggests limited near-term wage-price spiral risk, supporting a dovish tilt for GBP policy expectations.
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3 hours ago
BoE Chief Bailey: Energy Shock Delays 2% Inflation Target
Bank of England Governor Andrew Bailey said Middle East energy shocks have pushed near-term rate cuts off the table and tightened financial conditions without official rate rises. Officials must assess pass-through risks before the next decision. GBP/USD affected as market recalibrates BoE easing timeline.
https://www.bloomberg.com/news/videos/2026-10-16/boe-chief-says-energy-shock-delays-2-inflation-target-videoNew to MyTradingLand?
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