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Live News CENTRAL_BANK ARTICLE M impact

BoE’s Bailey says rate hikes aren’t inevitable

Bank of England Governor Andrew Bailey said he wants to dispel the view that rate rises are just a matter of time, arguing instead that any decision hinges on economic and geopolitical developments.

Bank of England Governor Andrew Bailey said on Tuesday he wanted to dispel the idea that a rate hike was inevitable, saying any move would instead depend on economic and geopolitical developments. Bailey said investors had…