EventsEventsPodcasts
Loader
Find Us
ADVERTISEMENT

BoE's Bailey: seeing first signs inflation has turned the corner

BRITAIN-BOE-CORNER:BoE's Bailey: seeing first signs inflation has turned the corner
BRITAIN-BOE-CORNER:BoE's Bailey: seeing first signs inflation has turned the corner Copyright Thomson Reuters 2023
Copyright Thomson Reuters 2023
By Reuters
Published on Updated
Share this articleComments
Share this articleClose Button

LONDON - The Bank of England is seeing the first signs that high rates of inflation are now coming down, Governor Andrew Bailey said on Thursday.

"Since the November monetary policy report we've seen the first signs that inflation has turned the corner," Bailey said in a speech after the BoE raised interest rates to 4% on Thursday from 3.5%.

Share this articleComments

You might also like