• Bailey speech: I oppose changing the UK’s 2% inflation target

Market news

4 October 2023

Bailey speech: I oppose changing the UK’s 2% inflation target

Bank of England (BoE) Governor Andrew Bailey said in an interview with Prospect magazine on Wednesday, “I oppose changing the UK’s 2% inflation target.”

Additional quotes

I see more shocks coming.

The labor market explains part of UK inflation.

developing story ...

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