BoE Governor Bailey Says Wider Inflation Effects Remain Subdued So Far
Andrew Bailey said soaring energy prices appear to have had limited wider effects on British prices so far, but it is too early to draw firm conclusions.
Bank of England Governor Andrew Bailey said Friday that higher energy prices have so far had limited spillover into broader British prices, while cautioning that it is too early to reach firm conclusions. “I think it’s too early, but to the extent we’ve seen evidence, so far it’s been quite subdued,” he told a mee…