Bailey speech: Projection for economic activity has weakened since May – by eren_fxstreet BOE CentralBanks
and responds to questions from the press following the Bank of England's decision to hike the policy rate by 25 basis points to 5.25% in August."Relative to May, more of the risk we saw has crystallised.""Key question is what confidence we have of wage demands following inflation expectations lower.""I do not agree that BoE has lost control of inflation.
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