Bailey speech: I don't think there was a case for a 50 bps rate rise today – 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."We had some unpleasant surprises in June, we have seen some of that turn round.""Not time to declare it's all over and we are sticking where we are on rates."Andrew Bailey previously held the role of Deputy Governor, Prudential Regulation and CEO of the PRA from 1 April 2013.
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