In the post meeting press conference, BoE Governor Andrew Bailey said, “overall a faster pace of policy tightening at this meeting will help to bring inflation back to the 2% target sustainably in the medium term,” he said. “Looking ahead, that does not mean we’re now moving to a predetermined path of raising bank rate […]
The post BoE Bailey: Faster tightening will help, but policy not on predetermined path appeared first on Action Forex.