UPDATE 1 — Bank of England's Bailey sees 'quite subdued' second — round price pressures so far
(Updates with further Bailey comments, context in paragraphs 2-4 and 6-10) BoE's Bailey says signs of second-round inflation limited so far UK businesses focused on cost-cutting, struggle to raise prices Economists in Reuters poll expect BoE rate rise next month UK economy proving more resilient to US-Iran war than exp