BOE’s Bailey: Case for Rate Cuts If Forecast Plays Out

BOE’s Bailey: Case for Rate Cuts If Forecast Plays Out

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For your information, you can find below the description of the video BOE’s Bailey: Case for Rate Cuts If Forecast Plays Out published by the Youtube channel Bloomberg Television:

Bank of England Governor Andrew Bailey said there would be a case for cutting UK interest rates if the economy and inflation play out as the central bank expects. “We have changed our view on the likely persistence of inflation on second round effects. We think there’s evidence that suggests they will be less pronounced than we thought they would be," he told Bloomberg's Francine Lacqua in an interview.
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