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BOE’s Bailey: ‘Too Early’ to Talk About Cutting Rates
Posted
November 8, 2023
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November 8, 2023
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2:46Now PlayingBank of England Governor Andrew Bailey said, “policy is going to have to be restrictive for an extended period to see the second half out, which is where policy is going to have to do the work to bring inflation back to 2%,” as he pushed back against market bets on interest rates. Bailey spoke Wednesday at the Central Bank of Ireland Financial Systems Conference.
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