BoE's Bailey: Must use tool of interest rate rises carefully – by eren_fxstreet BOE CentralBanks GBPUSD
"I can't tell you whether we're near to the peak, I can't tell you whether we are at the peak," Governor Andrew Bailey told the UK parliament's Treasury Select Committee on Tuesday.
"I think we are nearer to the peak than we were," Bailey concluded and reiterated that they must use the tool of interest rate rises carefully.These comments don't seem to be having a significant impact on Pound Sterling's valuation. As of writing, GBP/USD was down 0.4% on the day at 1.2388.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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