Skip to main content

UK nearing top of rate cycle, Bailey says

MPC member Swati Dhingra says producer prices could herald rapid decline in headline figure

Andrew Bailey
Andrew Bailey
Bank of England (https://bit.ly/3VgUE6F)

Bank of England governor Andrew Bailey has said the BoE is approaching the point where it could keep interest rates on hold.

There was a time after the Russian invasion of Ukraine when it was “clear rates needed to rise”, Bailey told UK lawmakers on September 6. The question then was how much and over what time scale they needed to rise. “We’re not in that phase anymore,” he said to the parliamentary Treasury Committee.

Bailey declined to speculate on the outcome of the next monetary policy

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.