BoE’s Bailey says rate-hike pricing too uncertain
Bank of England Governor Andrew Bailey said the outlook is too unpredictable to judge markets’ pricing of almost four interest rate hikes over the next year, adding his officials had not discussed that.
Bank of England Governor Andrew Bailey said on Thursday the outlook was too unpredictable when asked whether markets were right to price in almost four interest rate hikes over the next year. He added that his officials had not discussed that. "We had a lot of discussion this time, and we did not disc…"