BoE’s Gov Bailey: The Longer We Go On With High Energy Prices, The Harder It Gets To Maintain No Hike In Bank Rate Stance
BoE’s Gov Bailey: The Longer We Go On With High Energy Prices, The Harder It Gets To Maintain No Hike In Bank Rate Stance
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BoE Gov. Bailey: The longer we go on with high energy prices, the harder it gets to maintain no hike in the bank rate stance
BoE Gov. Bailey: The longer we go on with high energy prices, the harder it gets to maintain no hike in the bank rate stance
UPDATE 1 — BoE's Lombardelli sees rates rising if energy prices stay high
(Adds details from Lombardelli's speech, financial market pricing) Sept 24 (Reuters) — Bank of England Deputy Governor Clare Lombardelli said on Thursday that interest rates will likely have to rise if energy prices stay elevated, unless there is clear evidence of a weaker economy. Lombardelli, deputy governor in charg
ANALYSIS — Global rate — hike cycle in view as central banks take on inflation
(Adds Schmid comment, background in paragraph 17-19) Shift in tone towards more interest rate hikes is now evident Growing recognition that no early end to Iran war is in sight Tightening cycle would start from a higher base than in 2022 By Francesco Canepa FRANKFURT, Sept 18 (Reuters) — The prospect of a new global in