BoE’s Bailey: Second round inflation effects look less likely

Market news

5 March 2025

BoE’s Bailey: Second round inflation effects look less likely

BoE’s Governor Andrew Bailey testified before the Treasury Select Hearing.

Key Quotes

We do expect a pick-up in inflation, it will be nothing like a few years ago.

I think it's less likely we will get 2nd round inflation effects due to weakening economy.

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